When doing the monthly bank reconciliation (BR), the automatic payment to the phone company shown on each month bank statement should:

Multiple Choice

A) be deducted from the balance per bank on the BR

B) not be part of the BR because it was accounted for in the bank statement

C) be added back to the balance per books on the BR

D) be deducted from the balance per books on the BR

E) be added back to the balance per bank on the BR