Leo's Leather Shoppe Has a Checking Account That Earns Interest

Multiple Choice

Leo's Leather Shoppe has a checking account that earns interest. The current bank statement shows interest earned of $22.14. This amount should be:

A) added to Leo's book balance.
B) subtracted from Leo's book balance.
C) ignored, as the bank has added it to Leo's book balance.
D) subtracted from Leo's bank balance.