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Lackey Company Wrote Checks Totaling $38430 During October (Its First

question 69

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Lackey Company wrote checks totaling $38430 during October (its first month of operations) and $41964 during November.$36540 of these checks cleared the bank in October and $40995 cleared the bank in November.What was the amount of outstanding checks on November 30?

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Definitions:

Exchange Rate

The rate at which one currency can be exchanged for another currency.

Canadian Dollar

The official currency of Canada, abbreviated as CAD.

Samurai Bond

A Japanese yen-denominated bond issued in Japan by a non-Japanese entity.

Japan

A country located in East Asia, known for its rich culture, technological advancements, and economic significance.

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