If a Check Written by a Firm Is Not Canceled

Multiple Choice

If a check written by a firm is not canceled by the bank, the firm should:

A) consider this check as outstanding when preparing the bank reconciliation.
B) make no adjustment when preparing the bank reconciliation.
C) adjust the balance in the firm's checkbook to reflect the data that appears in the bank's records.
D) immediately notify the bank requesting that it correct its records.