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In the month of November Pharoah Company wrote checks in the amount of $68800. In December, checks in the amount of $94176 were written. In November, $63002 of these checks were presented to the bank for payment, and $80970 in December. What is the amount of outstanding checks at the end of December?

Respuesta :

Answer:

$145,008

Explanation:

Outstanding checks at the end of November = $68,800 + $63,002 = $131,802

Outstanding checks at the end of December = $131,802 + $94,176 - $80,970 =  $145,008

Therefore,  the amount of outstanding checks at the end of December is $145,008.

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