Solved

Franco Company Wrote Checks Totaling €37,090 During June and €38,650

Question 237

Multiple Choice

Franco Company wrote checks totaling €37,090 during June and €38,650 during July. In June, €36,250 of these checks cleared the bank. In July, checks of €38,230 cleared the bank. What was the amount of outstanding checks at July 31?


A) €420.
B) €840.
C) €1,260.
D) €1,980.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions