Faith Wrote a Check for $22 on Friday,May 6

question 85

Multiple Choice

Faith wrote a check for $22 on Friday,May 6.The check cleared the bank on Wednesday,May 11.There were no other checks or deposits outstanding during the month.Given this,which one of the following statements is correct?

• A)On May 6, the available balance decreased by $22.
• B)On May 11, the available balance was $22 less than the ledger balance.
• C)On May 12, the ledger balance was $22 less than the available balance.
• D)On May 14, the available balance increased by $22.
• E)On May 10, the ledger balance was $22 less than the available balance.

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