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In the month of May, Coronado Company Inc. wrote checks in the amount of $83200. In June, checks in the amount of $114700 were written.
In the month of May, Coronado Company Inc. wrote checks in the amount of $83200. In June, checks in the amount of $114700 were written. In May, $74900 of these checks were presented to the bank for payment, and $100000 in June. No checks were outstanding at May 1. What is the amount of outstanding checks at the end of May? $25100 $31500 $14700 $8300
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