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  3. minor company had checks outstanding totaling $19,

Minor Company had checks outstanding totaling $19,200 on its April bank reconciliation. In May, Minor...

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Accounting

Minor Company had checks outstanding totaling $19,200 on its April bank reconciliation. In May, Minor Company issued checks totaling $64,900. The May bank statement shows that $47,600 in checks cleared the bank in May. A check from one of Minor Company's customers in the amount of $300 was also returned marked "NSF." The amount of outstanding checks on Minor Company's May bank reconciliation should be

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