Question
Wildhorse Co. had checks outstanding totaling $ 36700 on its May bank reconciliation. In June, Wildhorse Co. issued checks totaling $ 229800 . The June
Wildhorse Co. had checks outstanding totaling $36700 on its May bank reconciliation. In June, Wildhorse Co. issued checks totaling $229800. The June bank statement shows that $171100 in checks cleared the bank in June. A check from one of Wildhorse Co.'s customers in the amount of $1700 was also returned marked "NSF." The amount of outstanding checks on Wildhorse Co.'s June bank reconciliation should be
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
9th Edition
978-0470317549, 9780470387085, 047031754X, 470387084, 978-0470533475
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