Which of the following events would cause a bank to reduce a depositor's account?
A. The bank corrects an error from previous month by adding $75 to the depositor account.
B. There are deposits in transit on the account at month-end.
C. The bank collects a note receivable and related interest on the depositor's behalf.
D. There are outstanding checks drawn on the account at month-end.
E. The depositor orders new checks through the bank at a cost of $50.
Answer: E
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