In the month of November, its first month of operations, Singh Jaya Ltd. wrote cheques in the

Question:

In the month of November, its first month of operations, Singh Jaya Ltd. wrote cheques in the amount of $27,100. In December, cheques in the amount of $23,200 were written. In November, $25,900 of these cheques were presented to the bank for payment and $19,700 were presented in December. What is the amount of outstanding cheques at the end of November and at the end of December?