Solved

In the Month of November Gavin Company Inc

Question 48

Multiple Choice

In the month of November Gavin Company Inc. wrote checks in the amount of $27,750. In December, checks in the amount of $37,974 were written. In November, $25,404 of these checks were presented to the bank for payment, and $32,649 in December. What is the amount of outstanding checks at the end of December?


A) $5,325.
B) $2,346.
C) $7,671.
D) $10,650.

Correct Answer:

verifed

Verified

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

Related Questions