Outstanding Checks Refer to Checks That Have Been

question 91

Multiple Choice

Outstanding checks refer to checks that have been:

• A)Written,recorded,sent to payees and received and paid by the bank
• B)Written and not yet recorded in the company books
• C)Held as blank checks
• D)Written,then recorded on the company books and sent to the customer,supplier,or creditor,but have not yet been paid by the bank
• E)Issued by the bank

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