Multiple Choice
In the month of May, Kijak Company Inc. wrote checks in the amount of $84,000. In June, checks in the amount of $114,000 were written. In May, $75,000 of these checks were presented to the bank for payment, and $99,000 in June. What is the amount of outstanding checks at the end of May?
A) $9,000
B) $15,000
C) $24,000
D) $30,000
Correct Answer:
Verified
Correct Answer:
Verified
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