On Andrew Corp

Multiple Choice

On Andrew Corp.'s April bank reconciliation, cheques outstanding totalled $9,620. In May, the corporation issued cheques totalling $26,800. The May bank statement shows that $24,250 in cheques cleared the bank in May. A cheque from one of Andrew Corp.'s customers in the amount of $325 was also returned marked "NSF." The amount of outstanding cheques on Andrew's May bank reconciliation should be

A) $2,550.
B) $11,845.
C) $12,495.
D) $12,170.