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In the month of May, Oriole Company Inc. wrote checks in the amount of $84600. In June, checks in the amount of $113000 were written.
In the month of May, Oriole Company Inc. wrote checks in the amount of $84600. In June, checks in the amount of $113000 were written. In May, $74600 of these checks were presented to the bank for payment, and $99300 in June. What is the amount of outstanding checks at the end of May? O $28400 O $24700 O $10000 O $13700 If the month-end bank statement shows a balance of $72000, outstanding checks are $53800, a deposit of $14300 was in transit at month end, and a check for $3300 was erroneously charged by the bank against the account, the correct balance in the bank account at month end is O $71400. $114800. O $32500. $35800
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