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Question
Match each of the following items with how it would appear on the bank statement (a–d). Each letter may be used more than once. Some letters may not be used.
a. With a debit memo entry that increases the account balance
b. With a debit memo entry that decreases the account balance
c. With a credit memo entry that increases the account balance
d. With a credit memo entry that decreases the account balance
Correction of the bank’s error recording a $300 check as $30
Answer
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