Dekin Company had checks outstanding totaling $34,000 on its May bank reconciliation.In June, Dekin Company issued checks totaling $212,800.The June bank statement shows that $158,400 in checks cleared the bank in June.A check from one of Dekin Company's customers in the amount of $1,600 was also returned marked "NSF." The amount of outstanding checks on Dekin Company's June bank reconciliation should be
A)$86,800.
B)$54,400.
C)$88,400.
D)$20,400.

Question

Quizplus · Accepted Answer

The Answer of Dekin Company had checks outstanding totaling $34,000 on its May bank reconciliation.In June, Dekin Company issued checks totaling $212,800.The June bank statement shows that $158,400 in checks cleared the bank in June.A check from one of Dekin Company's customers in the amount of $1,600 was also returned marked "NSF." The amount of outstanding checks on Dekin Company's June bank reconciliation should be
A)$86,800.
B)$54,400.
C)$88,400.
D)$20,400.

Dekin Company Had Checks Outstanding Totaling $34,000 on Its May