What was the total of the outstanding checks


Response to the following problem:

When the bank statement is received on July 3, it shows a balance, before reconciliation, of $5,200 as of June 30. After reconciliation, the adjusted balance is $3,100. If one deposit in transit amounted to $1,200, what was the total of the outstanding checks assuming that no other adjustments would be made to the bank statement?

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Accounting Basics: What was the total of the outstanding checks
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