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Marigold Company gathered the following reconciling information in preparing its August bank reconciliation: $33200 Cash balance per books, 8/31 Deposits in transit Bank charge for
Marigold Company gathered the following reconciling information in preparing its August bank reconciliation: $33200 Cash balance per books, 8/31 Deposits in transit Bank charge for check printing Outstanding checks NSF check 1100 210 17100 1470 Use the following tabular analysis to determine the required adjustments to Marigold's accounts: Assets Liabilities + Accounts Rec. Accounts Payable Stockholders' Equity Common Stock Revenue Expense Cash + + + Bal. 33200 12630 6850 Aug. 30 Adj.Bal. O Accounts Receivable would decrease by $1310. O Cash would decrease by $1680. O Accounts Payable would increase by $210. O Cash would increase by $1100
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