Multiple Choice
In the month of May Kayak Company Inc. wrote checks in the amount of $65000. In June checks in the amount of $67000 were written. In May $60000 of these checks were presented to the bank for payment and $66000 in June. What is the amount of outstanding checks at the end of June?
A) $5000
B) $1000
C) $6000
D) $2000
Correct Answer:

Verified
Correct Answer:
Verified
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