A company had an outstanding check amounting to TL 7,400 in its July bank reconciliation. The company
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A company had an outstanding check amounting to TL 7,400 in its July bank reconciliation. The company issued checks amounting to TL 38,900 in August. In the August bank statement, a check of 26,300 TL was transferred to the bank account in August. A check of TL 300 received from a customer of the company was also returned with the inscription "NSF".
What is the amount of unpaid checks in the company's August bank reconciliation?
Related Book For
Financial Accounting Tools for Business Decision Making
ISBN: 978-0470239803
5th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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