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Metlock, Inc. had checks outstanding totaling $29200 on its June bank reconciliation. In July, Metlock, Inc. issued checks totaling $210100. The July bank statement shows
Metlock, Inc. had checks outstanding totaling $29200 on its June bank reconciliation. In July, Metlock, Inc. issued checks totaling $210100. The July bank statement shows that $142000 in checks cleared the bank in July. A check from one of Metlock, Inc.'s customers in the amount of $1600 was also returned marked "NSF." The amount of outstanding checks on Metlock, Inc.'s July bank reconciliation should be
$68100.
$97300.
$95700.
$38900.
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