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Mendez Company assembled the following information in completing its July bank reconciliat balance per bank $22,920; outstanding checks $5,640; deposits in transit $7,300; NSF chec

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Mendez Company assembled the following information in completing its July bank reconciliat balance per bank $22,920; outstanding checks $5,640; deposits in transit $7,300; NSF chec $420; bank service charge $95; cash balance per books $26,400. As a result of this reconcili Mendez will Select one: a. reduce its cash account by $95 b. increase its cash account by $325 c. reduce its cash account by $1,660. d. The answer does not exist e. reduce its cash account by $514. $100 petty cash fund has cash of $15 and receipts of $86. The journal entry to replenish account would include a Select one: o a. The answer does not exist b. credit to Cash for $86 0 o c. debit to Cash for $86 0 d. credit to Petty Cash for $1 o e, credit to Cash Over and Short for $11 In the month of May, Kayak Company Inc. wrote checks in the amount of $65,0000. In June, checks in the amount of $67,000 were written. In May, $60,0000 of these checks were presented to the bank for payment, and $65,000 in June. What is the amount of outstanding checks at the end of June? Select one: a. The answer does not exist b. $1,000 c. $2,000 d. $5,000 e. $6,000

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