39.

Bayside Company provided the following information for October and November 2014:

Checks and charges recorded by bank in November, including

a November service charge of P4,000 and NSF check of P20,000

550,000

Service charge made by bank in October and

recorded by depositor in November

2,000

Total credits to cash in all journals during November

620,000

Customer NSF check returned in October and redeposited in November

(no entry made by depositor in either October or November)

40,000

Outstanding checks on October 31, 2014 that cleared in November

230,000

What is the amount of outstanding checks on November 30,2014?

A.

282,000

C. 302,000

B.

300,000

D. 322,000