Kline Company Had Checks Outstanding Totaling $19,200 on Its May

Multiple Choice

Kline Company had checks outstanding totaling $19,200 on its May bank reconciliation. In June, Kline Company issued checks totaling $119,700. The July bank statement shows that $89,100 in checks cleared the bank in July. A check from one of Kline Company's customers in the amount of $900 was also returned marked "NSF." The amount of outstanding checks on Kline Company's July bank reconciliation should be

A) $58,800.
B) $30,600.
C) $49,800.
D) $10,400.