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Glacier Corporation had cheques outstanding totalling $6,600 on its May bank reconciliation. In June, Glacier Corporation issued cheques totalling $57,700. The June bank statement shows

Glacier Corporation had cheques outstanding totalling $6,600 on its May bank reconciliation. In June, Glacier Corporation issued cheques totalling $57,700. The June bank statement shows that $56,100 in cheques cleared the bank in June. The amount of outstanding cheques on Glaciers June bank reconciliation is

$1,600.

$3,000.

$8,600.

$8,200.

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