In preparing its bank reconciliation for the month of June 2011, Mazaya Company has available the following information. Balance per bank statement (6/30/11) R.0.50,882; NSF check returned with (6/30/11) bank statement R.O. 585: Deposits in transit (6/30/11) R.0.6,500; Outstanding checks (6/30/11) R.0.6,760; Bank service charges for June R.O.26, Check charged by bank erroneously R.O.250. What should be the adjusted cash balance at June 30, 2011 Select one: o a. R.0.50,261 b.R.O.50,287 CR0.50,872 d.R.O.51.431 Mazaya Company sold equipment for R.O.24,000. The equipment had an original cost of R.0.36,000 and accumulated depreciation of R.0.18,000. As a result of the sale, Select one a. Net income will increase R.0.6,000 b. Net income will increase R.0.12,000. c. Net income will decrease R.0.12,000. d. Net income will decrease R.0.6,000 accounts receivable have increased during the period