In the Month of May, Lopat Company Inc

question 190

Multiple Choice

In the month of May, Lopat Company Inc.wrote checks in the amount of $64,750.In June, checks in the amount of $88,606 were written.In May, $59,276 of these checks were presented to the bank for payment and $76,181 in June.What is the amount of outstanding checks at the end of June?

• A)$12,425.
• B)$5,474.
• C)$17,899.
• D)$24,850.

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