In the Month of May Kayak Company Inc

question 223

Multiple Choice

In the month of May Kayak Company Inc. wrote checks in the amount of $65000. In June checks in the amount of $67000 were written. In May $60000 of these checks were presented to the bank for payment and $66000 in June. What is the amount of outstanding checks at the end of June?

• A) $5000
• B) $1000
• C) $6000
• D) $2000

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Definitions:

Ethnography

A qualitative research method used in social sciences to study cultures and communities through direct observation, participant observation, and other immersive techniques.

Unpredictable

Capable of changing or varying in a way that is not expected.

Time-Consuming

Refers to an activity or process that requires a considerable amount of time to complete.

Less Valuable

Describes items or assets that hold lower worth or importance in comparison to others.