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Accompanying the Bank Statement Was a Debit Memorandum for an NSF

Question 42

Multiple Choice

Accompanying the bank statement was a debit memorandum for an NSF check received from a customer.This item would be included on the bank reconciliation as a(n) :


A) deduction from the cash balance per books.
B) addition to the cash balance per bank.
C) deduction from the cash balance per bank.
D) addition to the cash balance per books.

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