Osborn Company Assembled the Following Information in Completing Its March

Multiple Choice

Osborn Company assembled the following information in completing its March bank reconciliation: balance per bank $3,820; outstanding checks $775; deposits in transit $1,250; NSF check $80; bank service charge $25; cash balance per books $4,400. As a result of this reconciliation, Osborn will

A) reduce its cash account by $475.
B) reduce its cash account by $25.
C) increase its cash account by $55.
D) reduce its cash account by $105.