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In the month of November, Sheridan Company Inc. wrote checks in the amount of $9,760. In December, checks in the amount of $11,610 were written.
In the month of November, Sheridan Company Inc. wrote checks in the amount of $9,760. In December, checks in the amount of $11,610 were written. In November, $8,090 of these checks were presented to the bank for payment, and $10,530 in December. There were no outstanding checks at the beginning of November. What is the amount of outstanding checks at the end of November? At the end of December?
November | December | |||
---|---|---|---|---|
The amount of outstanding checks | $enter a dollar amount | $enter a dollar amount |
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