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Minor Companyhad checks outstanding totaling $5,591 on its April bank reconcilliation. In May, Minor Company issued checks totaling $38,092. The May bank statment shows that
Minor Companyhad checks outstanding totaling $5,591 on its April bank reconcilliation. In May, Minor Company issued checks totaling $38,092. The May bank statment shows that $25,693 in checks cleared the bank in May. A check of $310 from one of Minor Companys customers was also returned marked "NSF". The amount of oustanding checks in Minor Comapnys May bank reconcillation should be.....?
a) $17,680
b) $20,102
c) $63,785
d) 17,990
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