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Multiple Choice Question 128 Tamarisk, Inc. had checks outstanding totaling $33700 on its June bank reconoiiation. In July, Tamarisk, Inc. issued checks totaling $242700. The
Multiple Choice Question 128 Tamarisk, Inc. had checks outstanding totaling $33700 on its June bank reconoiiation. In July, Tamarisk, Inc. issued checks totaling $242700. The July bank statement shows that $164100 in checks cleared the bank in July. A check from one of Tamarisk, Inc.'s customers in the amount of $1900 was also returned marked NS. The amount of outstanding checks on Tamarisk, Inc.s July bank reconciliation should be O $78600. $112300. o $110400. O $4490o
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