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Evergreen Manufacturing had checks outstanding totalling $22,600 on its March bank reconciliation. In April, Evergreen Manufacturing issued checks totalling $83,500. The April bank statement shows that $68,200 in checks cleared the bank in April. A check from one of Evergreen's customers in the amount of $275 was also returned marked "NSF." The amount of outstanding checks on Evergreen Manufacturing's April bank reconciliation should be: a. $83,500 b. $37,900 c. $68,200 d. $106,100

Evergreen Manufacturing had checks outstanding totalling $22,600 on its March bank reconciliation. In April, Evergreen Manufacturing issued checks totalling $83,500. The April bank statement shows that $68,200 in checks cleared the bank in April. A check from one of Evergreen's customers in the amount of $275 was also returned marked "NSF." The amount of outstanding checks on Evergreen Manufacturing's April bank reconciliation should be: a. $83,500 b. $37,900 c. $68,200 d. $106,100

College Accounting (Book Only): A Career Approach
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter6: Bank Accounts, Cash Funds, And Internal Controls
Section: Chapter Questions
Problem 3E
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Evergreen Manufacturing had checks outstanding totalling $22,600 on its March bank reconciliation. In April, Evergreen Manufacturing issued checks totalling $83,500. The April bank statement shows that $68,200 in checks cleared the bank in April. A check from one of Evergreen's customers in the amount of $275 was also returned marked "NSF." The amount of outstanding checks on Evergreen Manufacturing's April bank reconciliation should be: a. $83,500 b. $37,900 c. $68,200 d. $106,100
Transcribed Image Text:Evergreen Manufacturing had checks outstanding totalling $22,600 on its March bank reconciliation. In April, Evergreen Manufacturing issued checks totalling $83,500. The April bank statement shows that $68,200 in checks cleared the bank in April. A check from one of Evergreen's customers in the amount of $275 was also returned marked "NSF." The amount of outstanding checks on Evergreen Manufacturing's April bank reconciliation should be: a. $83,500 b. $37,900 c. $68,200 d. $106,100
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