Minor company had checks outstanding totaling $19,200 on its april bank reconciliation. in may, minor company issued checks totaling $64,900. the may bank statement shows that $47,600 in checks cleared the bank in may. a check from one of minor company's customers of $300 was also returned marked "nsf". the amount of outstanding checks on minor company's may bank reconciliation should be:
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Minor company had checks outstanding totaling $19,200 on its april bank reconciliation. in may, mino...
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