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I need answer ASAP! Minor Company had checks outstanding totaling $4,597 on its April bank reconciliation. In May, Minor Company issued checks totaling $41,931. The
I need answer ASAP!
Minor Company had checks outstanding totaling $4,597 on its April bank reconciliation. In May, Minor Company issued checks totaling $41,931. The May bank statement shows that $26,557 in checks cleared the bank in May. A check from one of Minor Company's customers of $538 was also returned marked NSF." The amount of outstanding checks on Minor Company's May bank reconciliation should be Oa. $21,960 Ob. $68,488 Oc. $19,433 Od. $19,971Step by Step Solution
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