In the month of November, Sandhill Co. Inc. wrote checks in the amount of $9,195. In December,
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In the month of November, Sandhill Co. Inc. wrote checks in the amount of $9,195. In December, checks in the amount of $11,625 were written. In November, $8,395 of these checks were presented to the bank for payment, and $10,585 in December.
What is the amount of outstanding checks at the end of November? At the end of December?
Related Book For
Financial Accounting Tools for business decision making
ISBN: 978-0470534779
6th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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