Bishop Company Wrote Checks Totaling $51,240 During October and $55,950

question 183

Multiple Choice

Bishop Company wrote checks totaling $51,240 during October and $55,950 during November. $48,720 of these checks cleared the bank in October, and $54,660 cleared the bank in November. What was the amount of outstanding checks on November 30?

• A)$3,810.
• B)$690.
• C)$1,830.
• D)$5,940.

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Definitions:

Special Education

is a tailored educational program designed to meet the unique needs of students with disabilities.

Training

The process of acquiring specific skills or enhancing existing skills through practice and instruction for a particular purpose.

Unheard Wealth

Resources or values that exist within a community or society but are not recognized by conventional economic measures or mainstream acknowledgments.

Means of Production

The physical, non-human inputs used for producing economic value, such as factories, machines, and land, often discussed in the context of labor and capitalism.