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Marigold Corp. assembled the following information in completing its March bank reconciliation: Balance per bank Outstanding checks Deposits in transit NSF check Bank service charge

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Marigold Corp. assembled the following information in completing its March bank reconciliation: Balance per bank Outstanding checks Deposits in transit NSF check Bank service charge Cash balance per books $19080 $3900 $6220 $500 $145 $23000 As a result of this reconciliation, Marigold will O reduce its cash account by $645. O reduce its cash account by $2320. reduce its cash account by $145. O increase its cash account by $355

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