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16 December, 12:49

Pina Colada Corp. wrote checks totaling $42270 during October and $46160 during November. $40190 of these checks cleared the bank in October, and $45095 cleared the bank in November. What was the amount of outstanding checks on November 30?

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  1. 16 December, 15:51
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    Answer: $3,145

    Explanation:

    Total checks in October $42,270 less $40,190 of these checks cleared the bank in October

    Total checks in November $46,160 during November less $45,095 cleared the bank in November.

    outstanding checks on November 30 is

    October = $42,270 - $40,190 = $2080

    November = $46,160 - $45,095 = $1,065

    Total outstanding checks as at November 30 is $2,080+$1,065

    = $3,145
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Home » Business » Pina Colada Corp. wrote checks totaling $42270 during October and $46160 during November. $40190 of these checks cleared the bank in October, and $45095 cleared the bank in November. What was the amount of outstanding checks on November 30?
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