Kline Company Had Checks Outstanding Totaling $12,800 on Its May

question 135

Multiple Choice

Kline Company had checks outstanding totaling $12,800 on its May bank reconciliation.In June, Kline Company issued checks totaling $79,800.The July bank statement shows that $59,400 in checks cleared the bank in July.A check from one of Kline Company's customers in the amount of $600 was also returned marked "NSF." The amount of outstanding checks on Kline Company's July bank reconciliation should be

• A)$39,200.
• B)$20,400.
• C)$33,200.
• D)$7,600.

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Definitions:

Forgiveness

The process of letting go of resentment, anger, or claims against another person or oneself for perceived offenses or mistakes.

Negative Emotions

Feelings that are generally considered to be unpleasant or harmful, such as sadness, anger, fear, or jealousy, often arising in response to perceived threats or challenges.

Rumination

The act of continuously thinking about the same thoughts, often negative, which can lead to emotional distress.

Type A Behavior

A personality pattern characterized by high levels of competitiveness, impatience, and a sense of urgency.