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Mazaya Company assembled the following information in completing its August bank reconciliation: balance per bank R.O.7,820 outstanding checks R.0.1,775; deposits in transit R.O.1,250 NSF check

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Mazaya Company assembled the following information in completing its August bank reconciliation: balance per bank R.O.7,820 outstanding checks R.0.1,775; deposits in transit R.O.1,250 NSF check R.0.680; bank service charge R.O.25; a credit memo of R.0.680 was attached to the bank statement, cash balance per books R.0.8,000. As a result of this reconciliation, Mazaya will: Select one: a. Increase its cash account by R.O.180. b. Reduce its cash account by R.O.25. c. Increase its cash account by R.0.525. d. Reduce its cash account by R.O.705

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