oneness ee. by the depositor as cash receipts. * aa Notes ecsvable calls hy bank in favor ofthe depostor and credited to the account of the depositor, : 'b, Brooeeds of bank loan credited ta the account of the depositor P © Matured time deposits transferred by the bank to the ‘current account of the depositor, ano Debit memos ‘Debit memos refer to items not representing checks paid by bank svhich are charged or debited by the bank to the account of the depositor but not yet recorded by the depositor as cash tlishursements, The debit memos have the effect of deereasing the ‘bank balance. ‘Typical examples of debit memos are: a. NSF or no sufficient fund cheeks ~ These are chocks deposited but returned by the bank because of insufficiency of fund. The other name for NSF is DAIF or Ndrawn against insufficient func b, Technically defective cheeks ~ These are checks deposited ‘ut returned by the bank hecause of tochnical defeets such. ts ubsence of signature oF countersignature, erasures not eountersigned, mutilated checks, conflict between famount in words and amount in figures, Bank service changes ~ Those include bank charges for interest, collection, checkbook and penalty. 4. Reduction of loan "This pertains to amount deducted from the current acoount of the depositor in payment for loan’ Which the depositor owes to the bank and which has already matuted. Deposits in transit Deposits n trait are csllection® already recorded by the depositor ‘as cash roeopts but not yet reflected on the bank statement. Deposits in transit include 4. Collections already forwarded to the bank for deposit but too late to appear in the bank statement. }. Undeposited enlleetions or thoso still in the hands of the epositor. In effect, these axe cash on hand awaiting delivery #9 the bank for deposit. var