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Zzx Company wrote checks totaling 74,180 during June and 77.300 during July. In June, 72,500 of these checks cleared the bank. In July, checks of

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Zzx Company wrote checks totaling 74,180 during June and 77.300 during July. In June, 72,500 of these checks cleared the bank. In July, checks of 76,460 deared the bank. What was the amount of outstanding checks at July 31 Answer: In preparing its June 30, 2017 bank reconciliation, CVV Company has the following information available 1977.500 102 400 170 200 Balance per bank statement, 6/30/2017 Deposits in transit at 6/30/2017 Outstanding checks, 6/30/2017 Note collected by bank in June 111,250 The adjusted cash balance at June 30, 2017 is

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