Question: A credit memorandum on a bank statement indicates: A.) An increase in the bank's expense account. B.) A decrease in the bank's asset account. C.)

A credit memorandum on a bank statement indicates:

A.) An increase in the bank's expense account.

B.) A decrease in the bank's asset account.

C.) An increase in the bank's asset account.

D.) An increase in the bank's liability account.

E.) A decrease in the bank's liability account.

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