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Ahmad Company had checks outstanding totaling $ 7.200 on its June bank reconciliation. In July, Ahmad Company issued checks totaling $ 51,900. The July bank
Ahmad Company had checks outstanding totaling $ 7.200 on its June bank reconciliation. In July, Ahmad Company issued checks totaling $ 51,900. The July bank statement shows that $ 32.400 in checks cleared the bank in July. A check from one of Ahmad Company's customers in the amount of 5400 was also returned marked "NSF." The amount of outstanding checks on Ahmad Company's July bank reconciliation should be (2 points)
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