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The cash records and the bank statement of Frankel Company showed the following at the end of February 2014: Outstanding checks as of the beginning
The cash records and the bank statement of Frankel Company showed the following at the end of February 2014: Outstanding checks as of the beginning of February 2014, $17,000; checks written by Frankel Company according to its books during February 2014, $62,600; and checks cleared by the bank during February 2014, $63,000. How much were the outstanding checks at the end of February 2014?
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