When the bank pays a check written by the company, it would:
A) credit the customer's bank account.
B) debit the customer's bank account.
C) debit the cash account on the company's books.
D) No increase or decrease is made to the company's bank account.

Question

Quizplus · Accepted Answer

When a bank pays a check written by a company, it debits the company's bank account, reducing the balance.

When the Bank Pays a Check Written by the Company