A debit memo may be issued in the monthly bank statement in order for the bank to notify a company that a service charge has been assessed on the company's account.

Name: A debit memo may be issued in the monthly bank statement in order for the bank to notify a company that a service charge has been assessed on the company's account.
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A debit memo is commonly used by banks to notify customers that a service charge or fee has been assessed on their account.

A Debit Memo May Be Issued in the Monthly Bank