The Cash Records and the Bank Statement of Frankel Company

Multiple Choice

The cash records and the bank statement of Frankel Company showed the following at the end of February 2016: Outstanding checks as of the beginning of February 2016, $8,000; checks written by Frankel Company according to its books during February 2016, $50,000; and checks cleared by the bank during February 2016, $54,000. What was the amount of the outstanding checks at the end of February 2016?

A) $2,000.
B) $4,000.
C) $6,000.
D) $8,000.