Larkspur Bicycle Company assembled the following information in completing its March bank reconciliation: Balance per bank Outstanding checks Deposits in transit NSF check Bank service charges Cash balance per books $10812 $1880 $3000 $195 $60 $12187 As a result of this reconciliation, Larkspur will O reduce its cash account by $60. O reduce its cash account by $255. O reduce its cash account by $1120. O increase its cash account by $135.

Larkspur Bicycle Company assembled the following information in completing its March bank reconciliation: As a result of this reconciliation, Larkspur will reduce its cash account by $60. reduce its cash account by $255. reduce its cash account by $1120. increase its cash account by $135