In the Month of November, Coler Company Inc

question 130

Multiple Choice

In the month of November, Coler Company Inc.wrote checks in the amount of $18,500.In December, checks in the amount of $25,316 were written.In November, $16,936 of these checks were presented to the bank for payment, and $21,766 were presented in December.What is the amount of outstanding checks at the end of November?

• A)$3,550
• B)$1,564
• C)$5,114
• D)$7,100