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Mazaya Company assembled the following information in completing its April bank reconciliation: balance per bank R.O.21,460, outstanding checks R.0.12,325: deposits in transit R.0.13.750; NSF check
Mazaya Company assembled the following information in completing its April bank reconciliation: balance per bank R.O.21,460, outstanding checks R.0.12,325: deposits in transit R.0.13.750; NSF check R.0.2,240; bank service charge R.0.85; a credit memo from bank was R.0.85; cash balance per books R.O.25,210. As a result of this reconciliation, Mazaya will Select one: a. Reduce its cash account by R.O.3.750. b. Increase its cash account by R.0.1,425. c. Reduce its cash account by R.O.2,325 d. Reduce its cash account by R.O.2,240
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