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Sheridan Company assembled the following information in completing its March bank reconciliation: Balance per bank Outstanding checks Deposits in transit NSF check Bank service charge
Sheridan Company 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 $16000 $3250 $5250 $340 $105 $18445 As a result of this reconciliation, Sheridan will O increase its cash account by $235. O reduce its cash account by $105. reduce its cash account by $2000. O reduce its cash account by $445
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