Dance Town AcademyThe items listed below were identified whi…
Dance Town AcademyThe items listed below were identified while preparing a bank reconciliation for the company’s checking account as of March 31. Cash balance according to the general ledger ? Bank statement balance $18,500 Outstanding checks 2,700 Customer’s NSF check 350 Bank service charges 100 Deposits in transit 1,000 Interest earned on the checking account 60 Refer to Dance Town Academy. How will the outstanding checks be handled on a bank reconciliation?
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