Tamarisk, Inc. had checks outstanding totaling $35400 on its May bank reconciliation. In June, Tamarisk,...
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Tamarisk, Inc. had checks outstanding totaling $35400 on its May bank reconciliation. In June, Tamarisk, Inc. issued checks totaling $221300. The June bank statement shows that $164700 in checks cleared the bank in June. A check from one of Tamarisk, Inc.'s customers in the amount of $1700 was also returned marked "NSF." The amount of outstanding checks on Tamarisk, Inc.'s June bank reconciliation should be
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