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

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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