Included with its bank statement a firm may receive a credit memorandum, which could indicate
A. a bank service charge deducted from the firm's account balance.
B. the bank's return of a dishonored (NSF) check that was issued by a credit customer of the firm.
C. a fee for printing new business checks.
D. an addition to the firm's account balance because the bank collected the amount due on a promissory note from a customer of the firm.
Answer: D
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