Review Ivanhoe's cheque summary and determine the amount of any cheques that have not yet cleared the company's bank account. These will be outstanding cheques. (Hint: It can be useful to check off or cross out the cheques that appear on both the bank statement and the cheque summary because these will not be outstanding cheques.) Outstanding Cheques: $ e Textbook and Media Save for later Attempts: 0 of 15 used Submit Answer 5 IVANHOEMANUFACTURING LTD. Bank Statement May 31 Amounts Deducted from Description Account (Debits) Date Amounts Added to Account (Credits) Balance May 1 Deposit 21,500 21,500 3 Cheque, No.001 Cheque, No.002 1,392 20,108 5 6,133 13.975 15 Deposit 3,999 17.974 19 7,129 10,845 21 Cheque, No. 004 Cheque, No. 006 Returned cheque--NSF, S. Gillis 856 9.989 25 1.161 8,828 25 NSF fee 23 8,805 27 Cheque, No. 009 1,829 6,976 28 Cheque No 010 1,693 5.283 31 Bank service charges 35 5.248 henk Ivanhoe's summary of cash receipts (which were all deposited) and summary of cheques (which the month of May showed the following: Cash Receipts Cash Payments Amount Date Date Number Amount May 1 $21,500 May 2 001 $1,392 15 3,999 3 002 6,133 31 . 6,724 14 003 1,442 $32,223 15 004 7.129 18 005 309 19 006 856 22 007 1,833 23 008 453 25 009 1,829 26 010 1,693 $23,069