In the month of November, Drajna Company Inc. wrote checks in the amount of $9,250. In December,
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In the month of November, Drajna Company Inc. wrote checks in the amount of $9,250. In December, checks in the amount of $11,880 were written. In November,
$8,800 of these checks were presented to the bank for payment, and $10,889 in December.
What is the amount of outstanding checks at the end of November? At the end of December?
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Related Book For
Financial Accounting Tools For Business Decision Making
ISBN: 9780471730514
4th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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