Certainly! Let’s break down the solution step by step:
1. Identify the Total Amount of Checks Written:
- In November, the total amount of checks written was \[tex]$9,750.
- In December, the total amount of checks written was \$[/tex]11,762.
2. Identify the Amount of Checks Presented to the Bank:
- In November, the amount of checks presented to the bank was \[tex]$8,800.
- In December, the amount of checks presented to the bank was \$[/tex]10,889.
3. Calculate the Amount of Outstanding Checks at the End of November:
- To find the outstanding checks at the end of November, subtract the amount presented to the bank from the total checks written in November:
[tex]\[
9750 - 8800 = 950
\][/tex]
Thus, the outstanding checks at the end of November amount to \[tex]$950.
4. Calculate the Amount of Outstanding Checks at the End of December:
- First, calculate the total checks written up to the end of December:
\[
9750 + 11762 = 21512
\]
- Next, calculate the total checks presented to the bank up to the end of December:
\[
8800 + 10889 = 19689
\]
- To find the outstanding checks at the end of December, subtract the total checks presented from the total checks written:
\[
21512 - 19689 = 1823
\]
Therefore, the outstanding checks at the end of December amount to \$[/tex]1823.
In summary:
- The amount of outstanding checks at the end of November is \[tex]$950.
- The amount of outstanding checks at the end of December is \$[/tex]1823.
