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Coronado Company assembled the following information in completing its July bank reconciliation: balance per bank $22960; outstanding checks $4600; deposits in transit $7450; NSF check
Coronado Company assembled the following information in completing its July bank reconciliation: balance per bank $22960; outstanding checks $4600; deposits in transit $7450; NSF check $470; bank service charge $140; cash balance per books $26420. As a result of this reconciliation, Coronado will increase its cash account by $330. reduce its cash account by $140. reduce its cash account by $2850. reduce its cash account by $610
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