In the month of November, Hickox Company Inc. wrote checks in the amount of $9,750. In December,

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In the month of November, Hickox Company Inc. wrote checks in the amount of $9,750. In December, checks in the amount of $11,880 were written. In November, $8,800 of these checks were presented to the bank for payment, and $10,889 in December. What is the amount of outstanding checks at the end of November? At the end of December?


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Financial Accounting Tools for Business Decision Making

ISBN: 978-0470239803

5th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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