A$450 collection on a note from a customer is reflected on Columbia Electric’s bank statement. When doing the bank reconciliation, Columbia should

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Exam Lesson Name: The Value of Money
Exam number 061059RR
I• Exam Guidelines I, Exam Instructions

Question 17 of 20:SELECT…answer for The QUESTION

17. A$450 collection on a note from a customer is reflected on Columbia Electric’s bank statement. When doing the bank reconciliation, Columbia should

A.subtract $450 hom the bank balance.

B.subtract $450 hom their book balance.

C. add $450 to their book balance.

D. add $450 to the bank balance.