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In the Month of November, Gavin Company Inc

Question 116

Multiple Choice

In the month of November, Gavin Company Inc.wrote checks in the amount of $55,500.In December, checks in the amount of $75,948 were written.In November, $50,808 of these checks were presented to the bank for payment and $65,298 in December.What is the amount of outstanding checks at the end of December?


A) $10,650.
B) $15,342.
C) $4,692.
D) $21,300.

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