In the Month of May, Grimm Company Inc

question 82

Multiple Choice

In the month of May, Grimm Company Inc.wrote checks in the amount of $46,250.In June, checks in the amount of $63,290 were written.In May, $42,340 of these checks were presented to the bank for payment, and $54,415 in June.What is the amount of outstanding checks at the end of June?

• A)$8,875
• B)$3,910
• C)$12,785
• D)$17,750

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Definitions:

Child Development

The process by which children grow and mature in physical, cognitive, emotional, and social aspects from birth through adolescence.

History

The study of past events, particularly in human affairs, often documented and analyzed to understand patterns, causes, and effects.

Child Development

Refers to the physical, cognitive, and psychological growth that occurs in human beings from birth to the end of adolescence.

Reversibility

The cognitive understanding that certain actions can be undone, restoring the original state of something.