You are trying to explain debit and credit memos that appear on bank statements and whether these will increase or decrease your company's bank account balance. Complete the following table to help your new staff understand.

ITEM	Debit or Credit Memo	Increases or Decreases the Company's Bank Account Balance
1. EFT payment
2. Bank correction of an error due to posting another customer's check (disbursement) to our account
3. Service Charge
4. Note collected for our company
5. NSF check
6. Bank correction of an error recording a $250 deposit as $520
7. EFT deposit