question 5 please explained also

Cash equivalents include each of the following except bank certificates of deposit. money market funds. petty cash US Treasury bills Question 5 1 pts Jukebox Company had checks outstanding totaling $5,400 on its June bank reconciliation. In July, Jukebox Company issued checks totaling $38.900. The July bank statement shows that $38,300 in checks cleared the bank in July. A check from one of Jukebox Company's customers in the amount of $500 was also returned marked "NSE" The amount of outstanding checks on Jukebox Company's July bank reconciliation should be 5600 55.500 56.000 56 500 Question 6 JOOOOOOOO