The bank informs the depositor of bank service charges by including a credit memorandum with a monthly bank statement.
Correct Answer:
Verified
Q21: For efficiency of operations and better control
Q30: In a computerized system, paid vouchers are
Q32: A credit memorandum received with a bank
Q33: In preparing a bank reconciliation, the amount
Q34: Bank customers are considered owners of the
Q35: Depositing all cash, checks, etc., in a
Q37: A voucher is the notification accompanying the
Q38: Outstanding checks are checks that have been
Q39: A check for $456 was erroneously charged
Q40: All bank memorandums reported on the bank
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