sconnor
Jun 20, 2009, 08:30 PM
Jones Company had checks outstanding totaling $5,400 on its June bank reconciliation. In July, Jones Company issued checks totaling $38,900. The July bank statement shows that $26,300 in checks cleared the bank in July. A check from one of Jones Company's customers in the amount of $300 was also returned marked "NSF." The amount of outstanding checks on Jones Company's July bank reconciliation should be
$7,200
$12,600
$17,700
$18,000
$7,200
$12,600
$17,700
$18,000