Scotch Services received a credit memorandum from the bank. During the bank reconciliation, it should
A. increase its cash account on the company’s books.

C. increase the ending cash balance on the bank statement.
D. decrease the ending cash balance on the bank statement.

Checks that have been processed by the bank and are no longer negotiable are
A. outstanding checks.
B. canceled checks.
C. checks in process.
D. blank checks.