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In the Month of November, Gavin Company Inc

Question 103

Multiple Choice

In the month of November, Gavin Company Inc.wrote checks in the amount of $46,250.In December, checks in the amount of $63,290 were written.In November, $42,340 of these checks were presented to the bank for payment and $54,415 in December.What is the amount of outstanding checks at the end of December?


A) $8,875.
B) $3,910.
C) $12,785.
D) $17,750.

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