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Alicia wrote a check for $18 on Friday, May 6. The check cleared the bank...

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Accounting

Alicia wrote a check for $18 on Friday, May 6. The check cleared the bank on Wednesday, May 11. There were no other checks or deposits outstanding during the month. Given this, which one of the following statements is correct? A. On May 6, the available balance decreased by $18. B. On May 11, the available balance was $18 less than the ledger balance. C. On May 12, the ledger balance was $18 less than the available balance. D. On May 14, the available balance increased by $18. E. On May 10, the ledger balance was $18 less than the available balance.

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