Minor Company had checks outstanding totaling $4,849 on its April bank reconciliation. In May, Minor...
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Accounting
Minor Company had checks outstanding totaling $4,849 on its April bank reconciliation. In May, Minor Company issued checks totaling $38,722. The May bank statement shows that $26,990 in checks cleared the bank in May. A check from one of Minor Company's customers of $530 was also returned marked "NSF." The amount of outstanding checks on Minor Company's May bank reconciliation should be Oa. $65,712 Ob. $16,051 Oc. $16,581 Od. $22,141
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