Agnes has a checking account and she has just received her March bank statement that shows an ending balance of $250. Agnes' records indicate an ending balance of $220
In looking over the data you notice that two checks Agnes wrote totaling $75 had not yet cleared the bank, while a deposit for $40 that she mailed had not been received by the bank. There also was a $5 bank service charge. To adjust her records, Agnes should
A)
reduce her book balance by $5.
B)
increase the bank balance by $40.
C)
call the bank and tell them that their balance is incorrect.
D)
do nothing, everything seems in good order.
A
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