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    Financial Accounting Study Set 5
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    Exam 8: Cash and Receivables
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    A Debit Memorandum Means That an Amount Was Added to the Bank
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A Debit Memorandum Means That an Amount Was Added to the Bank

Question 124

Question 124

True/False

A debit memorandum means that an amount was added to the bank balance; a credit memorandum means that an amount was deducted.

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