Question: The following items may appear on a bank statement: 1. Service charge 2. Note collected for depositor 3. Bank correction of an error from recording

The following items may appear on a bank statement:
1. Service charge
2. Note collected for depositor
3. Bank correction of an error from recording a $2,100 deposit as $1,200
4. EFT payment
Using the format shown below, indicate whether each item would appear as a debit or credit memorandum on the bank statement and whether the item would increase or decrease the balance of youraccount.
The following items may appear on a bank statement: 1.

Appears on the Bank Statement as a Debit or Credit Memorandum Increases or Decreases the Balance of the Depositor's Bank Account Item No.

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