The amount of outstanding checks on harris company's june bank reconciliation should be?
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harris company had checks outstanding totaling $15,400 on its may bank reconciliation. in june, harris company issued checks totaling $64,900. the june bank statement shows that $37,600 in checks cleared the bank in june. a check from one of harris company's customers in the amount of $,300 was also returned marked as "NSF." The amount of outstanding checks on harris company's june bank reconciliation should be? a.49,500 b.53,000 c.37,600 d.42,700
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Answer:
d. 42700.
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