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Sunland Company had checks outstanding totaling $11100 on its June bank reconciliation. In July, Sunland Company issued checks totaling $77100. The July bank statement shows
Sunland Company had checks outstanding totaling $11100 on its June bank reconciliation. In July, Sunland Company issued checks totaling $77100. The July bank statement shows that $76000 in checks cleared the bank in July. A check from one of Sunland Company's customers in the amount of $1080 was also returned marked "NSF." The amount of outstanding checks on Sunland Company's July bank reconciliation should be $11120.$13280.$1100.$12200
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