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The following information is available for Remal Bidiya Company at the end of October. Unadjusted balance per bank RO 4,550; outstanding checks RO 775; deposits
The following information is available for Remal Bidiya Company at the end of October. Unadjusted balance per bank RO 4,550; outstanding checks RO 775; deposits in transit RO 1.250; NSF check RO 80; bank service charge RO 50; credit memo from bank RO 95; a check of RO 105 was recorded erroneously as RO 150 by the company: cash balance per books RO 4,500. As a result of this reconciliation Remal Bidiya Company will: Select one: O a. Reduce its cash account by RO 90, O b. Increase its cash account by RO 10. O cIncrease its cash account by RO 20. Od. Reduce its cash account by RO 70. R Next page
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