McKeel Publishing had outstanding checks totaling $5,400 on its June bank reconciliation. In July, McKeel issued checks totaling $38,900. The July bank statement shows that $26,300 in checks cleared the bank in July. The amount of outstanding checks on McKeel's July bank reconciliation should be:
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Home » Business » McKeel Publishing had outstanding checks totaling $5,400 on its June bank reconciliation. In July, McKeel issued checks totaling $38,900. The July bank statement shows that $26,300 in checks cleared the bank in July.