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Marigold Company assembled the following information in completing its March bank reconciliation: balance per bank $ 7 7 1 0 ; outstanding checks $ 1

Marigold Company assembled the following information in completing its March bank reconciliation: balance per bank $7710;
outstanding checks $1620; deposits in transit $2460; NSF check $240; bank service charge $50; cash balance per books $8840. As a
result of this reconciliation, Marigold will
reduce its cash account by $840.
increase its cash account by $190.
reduce its cash account by $290.
reduce its cash account by $50.
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