Business, 25.04.2020 01:12 squawk1738

Schwinn Company assembled the following information in completing its March bank reconciliation: Balance per bank$15,280 Outstanding checks $3,100 Deposits in transit $5,000 NSF check $320 Bank service charge $100 Cash balance per books$17,600 As a result of this reconciliation, Schwinn will:
1. increase its cash account by $220.
2. reduce its cash account by $100.
3. reduce its cash account by $1,900.
4. reduce its cash account by $420.

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