All of the following would involve a debit memorandum except

Name: All of the following would involve a debit memorandum except
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A debit memorandum is a document that a bank sends to its customer to inform them of a debit to their account. This debit could be for a variety of reasons, such as a bank service charge or an NSF (non-sufficient funds) check. However, interest earned would not be a debit to the customer's account, but rather a credit. Therefore, option D is the correct answer.

All of the Following Would Involve a Debit Memorandum Except