When a Check Is Cleared Against Bank a After Being

Multiple Choice

When a check is cleared against Bank A after being deposited at Bank B,

A) both Bank A's and Bank B's liabilities increase
B) both Bank A's and Bank B's liabilities decrease
C) Bank A's liabilities increase and Bank B's liabilities decrease
D) Bank A's liabilities decrease and Bank B's liabilities increase
E) there is no change in either bank's liabilities