In the month of November, Sunland Company Inc. wrote checks in the amount of $10,280. In December, checks in the amount of $11,185 were written. In November, $8,830 of these checks were presented to the bank for payment, and $10,445 in December. There were no outstanding checks at the beginning of November.

What is the amount of outstanding checks at the end of November?

At the end of December?

What is the amount of outstanding checks at the end of November?

Total checks written in November is $10,280 less total checks presented in November $8,830 to leave a bal of $1,450 unpresented checks in November.

What is the amount of outstanding checks at the end of December?

Total checks written in December is $11,185 less total checks presented in December $10,445 to leave a balance of $740 + $1,450 = $2,190 in December.

a. The amount of outstanding checks at the end of November is $1,450.

b. The amount of outstanding checks at the end of December is $2,190.

Explanation:

a. For November:

$

Amount of checks written in November 10,280

Checks presented to and paid by the bank in November (8,830)

Checks outstanding at the end of November 1,450

Therefore, the amount of outstanding checks at the end of November is $1,450.

b. For December:

$

Outstanding brought forward from November ending 1,450

Amount of checks written in December 11,185

Total amount of checks presentable in December 12,635

Checks presented to and paid by the bank in December (10,445)

Checks outstanding at the end of November 2,190

Therefore, the amount of outstanding checks at the end of December is $2,190.