How Is a Credit Memo Treated When Doing a Bank

Multiple Choice

How is a credit memo treated when doing a bank reconciliation procedure?

A) It must be recorded as a credit to the balance per the customer's records.
B) It must be recorded as a debit to the balance per the bank's records.
C) It must be recorded as a credit to the balance per the bank's records.
D) It must be recorded as a debit to the balance per the company's records.