Solved

In the Month of May, Kijak Company Inc

Question 69

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:

verifed

Verified

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

Related Questions