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Accompanying the Bank Statement Was a Credit Memo for a Short-Term

Question 137

Multiple Choice

Accompanying the bank statement was a credit memo for a short-term note collected by the bank for the company. This item is a (n)


A) deduction from the balance per company's records
B) addition to the balance per bank statement
C) deduction from the balance per bank statement
D) addition to the balance per company's records

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