Accounting MCQ Accounting 2000 Chapter 4 For which item below might a bank issue a credit memorandum to a depositor's account?

For which item below might a bank issue a credit memorandum to a depositor's account?

Naim 07:11 Accounting 2000 Chapter 4

For which item below might a bank issue a credit memorandum to a depositor's account?

A. Outstanding checks
B. An NSF check
C. Interest earned
D. Monthly service charges

Answer: C

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