Question

Minor Company had checks outstanding totaling $4,253 on its April bank reconciliation. In May, Minor Company issued checks totaling $38,964. The May bank statement shows that $25,454 in checks cleared the bank in May. A check of $583 from one of Minor Company's customers was also returned marked "NSF." The amount of outstanding checks on Minor Company's May bank reconciliation should be

Answer 1

See below

Step-by-step explanation:

Outstanding check = Total check +