Rainey Company Wrote Checks Totaling $8,540 During October and $9,325

question 91

Multiple Choice

Rainey Company wrote checks totaling $8,540 during October and $9,325 during November. $8,120 of these checks cleared the bank in October, and $9,110 cleared the bank in November. What was the amount of outstanding checks on November 30?

• A) $635
• B) $115
• C) $305
• D) $990