2. The June 30 bank reconciliation also reported outstanding checks of $680. During the month of July, Dawes Company's books show that $17,200 of checks were issued. The bank statement showed that $16,400 of checks cleared the bank in July

(b) In situation (2), what were the outstanding checks at July 31?

Outstanding checks at July 31  

What form of business organization might be preferable if you had just graduated from college and were joining your parents or another established operator in an existing farm?

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Identify the sources of risk and uncertainty that affect farmers and ranchers.

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