Answered

Westonci.ca makes finding answers easy, with a community of experts ready to provide you with the information you seek. Explore thousands of questions and answers from a knowledgeable community of experts ready to help you find solutions. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.

In the month of November, Swifty Company Inc. wrote checks in the amount of $27850. In December, checks in the amount of $37986 were written. In November, $25399 of these checks were presented to the bank for payment, and $32656 were presented in December. No checks were outstanding at November 1. What is the amount of outstanding checks at the end of December

Sagot :

ayokenny2001

Answer:

$7,781

Explanation:

The amount of check at the end of December is computed as;

= Checks written in November + Checks written in December - Checks presented in November for payments - Checks presented in December for payments

= $27,850 + $37,986 - $25,399 - $32,656

= $7,781

Thanks for stopping by. We are committed to providing the best answers for all your questions. See you again soon. Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.