In the month of November, Splish Brothers Inc. wrote checks in the amount of $ 66600 .
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Question:
In the month of November, Splish Brothers Inc. wrote checks in the amount of $66600. In December, checks in the amount of $91138were written. In November, $60970 of these checks were presented to the bank for payment and $78358 in December. What is the amount of outstanding checks at the end of December?
THE ANSWER IS NOT $12780
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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