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Amiraneli [1.4K]
4 years ago
10

In the month of November Marigold Corp. wrote checks in the amount of $43300. In December, checks in the amount of $59239 were w

ritten. In November, $39630 of these checks were presented to the bank for payment, and $50932 in December. What is the amount of outstanding checks at the end of December
Business
2 answers:
IrinaVladis [17]4 years ago
7 0

Answer:

11,977

Explanation:

Workings

                                                             Checks

                                                    Dr                         Cr

November                           $43300

November                                                            $39630

December                           $59239

December                                                            $50932

                                                                             $ 11,977

                                             $102,539               $ 102,539

yanalaym [24]4 years ago
4 0

Answer:

$11,977

Explanation:

The difference between the balance of the total checks written and balance of the total checks presented for withdrawal gives the amount outstanding.

As such, amount of outstanding checks at the end of December is the net of the balance of the checks written in November and December and the balance of the checks presented in the same period.

This is

= $43300 + $59239 - $39630 - $50932

= $11,977

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On April ​3, a customer returned $ 900 of merchandise that had been purchased with cash to Cooke Supplies. Cooke​'s cost of the
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Answer:

The Journal entries are as follows:

(i) Sales revenue A/c  Dr. $900

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Note:

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3 years ago
At meetings of the quality team, Juan is nervous about suggesting ideas
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Answer:

The correct option is;

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Explanation:

Positive workplace behaviors in the meetings include preparation for the meeting to make the meeting productive for you and the other participants by ensuring;

1) Understanding the purpose of the meeting

2) Find out about the meeting agenda

3) To prepare for meetings

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