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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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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