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Franco Company Wrote Checks Totaling €37,090 During June and €38,650

question 237

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Franco Company wrote checks totaling €37,090 during June and €38,650 during July. In June, €36,250 of these checks cleared the bank. In July, checks of €38,230 cleared the bank. What was the amount of outstanding checks at July 31?


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Italicized Phrase

A portion of text that has been printed in italics to emphasize it, distinguish it, or for stylistic purposes.

Nearest Tenth

Rounding to the closest tenth means adjusting a number to one decimal place.

Decimal

A number that includes a decimal point to represent a fraction of a whole.

Percentage

A way of expressing a number as a fraction of 100, denoted by the symbol %.

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