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Need help answering these questions The following items may appear on a bank statement: 1. Bank correction of an error from posting another customers check

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The following items may appear on a bank statement: 1. Bank correction of an error from posting another customers check (disbursement) to the company's account 2. EFT deposit 3. Loan proceeds 4. NSF check Using the format shown below, indicate whether each item would appear as a debit or credit memo on the bank statement and whether the item would increase or decrease the balance of the company's account

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