debit memorandum definition
A form used at a bank to inform its customer that the customer's account is being reduced for a fee or other charge.
A form used at a bank to inform its customer that the customer's account is being reduced for a fee or other charge.
Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. He is the sole author of all the materials on AccountingCoach.com. Read more about the author.