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Please Help 2 Paragrpahs Discussion Question: A credit memo from a bank increases the balance of the checking account and increases the bank's liability. A

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Discussion Question: A credit memo from a bank increases the balance of the checking account and increases the bank's liability. A business's checking account is a bank's liability - a debit memo from a bank decreases the checking account and decreases the bank's liability. Please think of an example of each

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