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Waterway Company had cheques outstanding totalling $6500 on its May 31 bank reconciliation. In June, Waterway Company issued cheques totalling $38200. The June bank statement

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Waterway Company had cheques outstanding totalling $6500 on its May 31 bank reconciliation. In June, Waterway Company issued cheques totalling $38200. The June bank statement shows that $26300 in cheques cleared the bank in June. A cheque from one of Waterway Company's customers in the amount of $200 was also returned marked "NSE" The amount of outstanding cheques on Waterway Company's June 30 bank reconciliation should be O $6700. O $11900. O $18400. O $18200. Attempts: 0 of 1 used Submit Answer Save for Later

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