In the Month of November Gavin Company Inc

question 48

Multiple Choice

In the month of November Gavin Company Inc. wrote checks in the amount of $27,750. In December, checks in the amount of $37,974 were written. In November, $25,404 of these checks were presented to the bank for payment, and $32,649 in December. What is the amount of outstanding checks at the end of December?

• A) $5,325.
• B) $2,346.
• C) $7,671.
• D) $10,650.

---

Definitions:

Opinions Offered

Opinions offered represent the provision of personal views, judgments, or assessments about a specific topic, often shared in discussions, reviews, or advisory contexts.

Infectiousness

The characteristic of a disease or information that denotes its ability to spread rapidly from one individual to another.

Blogs

Online journals or informational websites displaying information in reverse chronological order, with the latest posts appearing first, used for personal or professional purposes.

Social Networking

The use of internet-based platforms to build and maintain personal and professional relationships.