Essay
The following information is from Madison Corporation's accounting records for May. Check No. 3269 was returned as a double payment and voided. Checks that have not cleared the bank include No. 3252, No. 3260, and series No. 3275-3278.? In addition to the above list of checks, Madison had Check No. 2264 for $32.98 and Check No. 2655 for $45.99 outstanding previously that have not cleared.1. Create an outstanding checks list for Madison at the end of May.2. What is the total amount of checks that cleared the bank
(written in May)?
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