What is the amount of outstanding checks

Assignment Help Accounting Basics
Reference no: EM131792978

Question - In the month of November, Hickcox Company Inc. wrote checks in the amount of $9,072. In December, checks in the amount of $11,987 were written. In November, $8,468 of these checks were presented to the bank for payment, and $10,346 in December.

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

Reference no: EM131792978

Questions Cloud

What amount should james report as total infrequent losses : In its 2012 income statement, what amount should James report as total infrequent losses that are not considered extraordinary
Prepare the journal entry to record the admission of nillsen : Prepare the journal entry to record the admission of Nillsen under each of the following separate assumptions: Nillsen invests cash of (1) $62,000
Discuss what is the equity income in steinbart : What is the equity income in Steinbart to be reported by Alex in 2015
Determine the impact on profits next year : Polaski Company has no assurance that the retail chain will purchase additional units in the future. Determine the impact on profits next year
What is the amount of outstanding checks : In the month of November, Hickcox Company Inc. wrote checks in the amount of $9,072. What is the amount of outstanding checks at the end of November
What proportion of the respondents believed it morally wrong : Find a 95% confidence interval for the population proportion who believed it is morally wrong to clone humans. Assume that Gallup used a simple random sample.
What factors does melanie need to consider : What environmental factors have helped to create the situation Melanie. What factors does Melanie need to consider when deciding on her course of action?
Do people think astrology is scientific : Suppose a TV news anchor said that 5% of people in the general population think astrology is very scientific. Would you say that is plausible?
Do people think the sun goes around the earth : In the 2012 General Social Survey, people were asked whether they thought the sun went around the planet Earth or vice versa.

Reviews

Write a Review

Accounting Basics Questions & Answers

  July 1 purchased 350 shares of bateman company stock at 22

investment in trading securities-journal entriesprepare the journal entries to account for the following investment

  Calculate the gain or loss that will be realized

Your company's stock is currently selling at $50 per share. For each of the following situations (ignoring brokerage commissions), calculate the gain or loss.

  Classify each of the following business activities

Classify each of the following business activities as an operating, an investing, or a financing activity.

  Refer to the above data if the product price is 185 at its

answer the next questions parts a and b on the basis of the following cost data for a firm operating in pure

  Overhead costs consist of machining

Donkey Company manufactures two products, Standard and DeLuxe. Donkey's overhead costs consist of machining, $2,000,000; and assembling, $1,000,000. Information on the two products is:

  Change in the loss rate on warranty costs

A change in the loss rate on warranty costs is a: a) Change in accounting principle b) Change in accounting estimate c) Change in reporting entity D) Error correction.

  Calculate the maximum depreciation expense

Calculate the maximum depreciation expense including section 179 expensing, rounded to the nearest whole number

  Explain how cash and accrual accounting differs

Explain how cash and accrual accounting differs for each of the events listed in the above scenario and describe the proper accrual accounting

  Freitas corporation was organized early in 2011 the

freitas corporation was organized early in 2011. the following expenditures were made during the first few months of

  Estimating the bad debt expense

Calistoga Produce estimates bad debt expense at ½% of credit sales. The company reported accounts receivable and allowance for uncollectible accounts of $471,000 and $1,650 respectively, at December 31, 2010.

  Briefly explain why the constitutional framers based

Evaluate how separation of powers and checks and balances are working out in practice, today, justifying your assessment with persuasive reasoning and examples.

  At december 31 before adjusting and closing the accounts

at december 31 before adjusting and closing the accounts had occurred the allowance for doubtful accounts of seaboard

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd