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Mazaya Company had checks outstanding totaling R.O 12,800 on its January bank reconciliation. In February, Mazaya Company issued checks totaling R.O. 78,900. The March bank statement shows that R.O 59,400 in checks cleared the bank in March. A check from one of Mazaya Company's customers in the amount of R.O 600 was also returned marked "NSE The amount of outstanding checks on Mazaya Company's March bank reconciliation should be Select one a. R.O 21 300. O b. R.O. 33.200. c. R.O. 8.500. 0 dRO 32.300

Mazaya Company had checks outstanding totaling R.O 12,800 on its January bank reconciliation. In February, Mazaya Company issued checks totaling R.O. 78,900. The March bank statement shows that R.O 59,400 in checks cleared the bank in March. A check from one of Mazaya Company's customers in the amount of R.O 600 was also returned marked "NSE The amount of outstanding checks on Mazaya Company's March bank reconciliation should be Select one a. R.O 21 300. O b. R.O. 33.200. c. R.O. 8.500. 0 dRO 32.300

Financial Accounting
Financial Accounting
14th Edition
ISBN:9781305088436
Author:Carl Warren, Jim Reeve, Jonathan Duchac
Publisher:Carl Warren, Jim Reeve, Jonathan Duchac
Chapter8: Sarbanes-oxley, Internal Control, And Cash
Section: Chapter Questions
Problem 18E
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Mazaya Company had checks outstanding totaling R.O 12,800 on its January bank reconciliation. In February, Mazaya Company issued checks totaling R.O. 78,900. The March bank statement shows that R.O 59,400 in checks cleared the bank in March. A check from one of Mazaya Company's customers in the amount of R.O 600 was also returned marked "NSE The amount of outstanding checks on Mazaya Company's March bank reconciliation should be Select one a. R.O 21 300. O b. R.O. 33.200. c. R.O. 8.500. 0 dRO 32.300
Transcribed Image Text:Mazaya Company had checks outstanding totaling R.O 12,800 on its January bank reconciliation. In February, Mazaya Company issued checks totaling R.O. 78,900. The March bank statement shows that R.O 59,400 in checks cleared the bank in March. A check from one of Mazaya Company's customers in the amount of R.O 600 was also returned marked "NSE The amount of outstanding checks on Mazaya Company's March bank reconciliation should be Select one a. R.O 21 300. O b. R.O. 33.200. c. R.O. 8.500. 0 dRO 32.300
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