Bishop Company Wrote Checks Totaling $34,160 During October and $37,300

question 163

Multiple Choice

Bishop Company wrote checks totaling $34,160 during October and $37,300 during November. $32,480 of these checks cleared the bank in October, and $36,440 cleared the bank in November. What was the amount of outstanding checks on November 30?

• A) $2,540.
• B) $460.
• C) $1,220.
• D) $3,960.

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Definitions:

Extraembryonic Membrane

Membranes surrounding the embryo that provide protection, nutrition, waste removal, and gas exchange during the development of amniotic eggs.

Urinary Bladder

A muscular sac in the pelvis that stores urine from the kidneys before disposal by urination.

Allantois

An embryonic membrane involved in gas exchange and waste elimination in many vertebrates.

Yolk Sac

An extra-embryonic membrane that provides nutrition to the developing embryo in eggs and early mammalian embryos.