What is the amount of outstanding checks at end of December

Assignment Help Financial Accounting
Reference no: EM132855674

Question - In the month of November, Pharoah Company wrote checks in the amount of $68800. In December, checks in the amount of $94176 were written. In November, $63002 of these checks were presented to the bank for payment and $80970 in December. What is the amount of outstanding checks at the end of December?

a. $13206.

b. $19004.

c. $5798.

d. $26412.

Reference no: EM132855674

Questions Cloud

Prepare the adjusting entry that should be recorded : During the month of June, Atel Lts had cash sales of $345,200 and credit sales of $467,700, Prepare the adjusting entry that should be recorded
Probability of an adult getting a pos : What is the probability of an adult getting a POS result and truly NOT having tuberculosis?
Describe the history of policing : Describe the three typologies of policing and determine which style (s) are most applicable to today's society. Describe the history of policing.
What is the probability of the starting location : A 3m truck crossing a 7m bridge with axle load of 20 and 35 on the wheels.
What is the amount of outstanding checks at end of December : Pharoah Company wrote checks in the amount of $68800. In December, checks in the amount of $94176 were written. What is the amount of outstanding checks
Why ethics are important in criminal justice research : Describe research models that can be used in criminal justice research. Identify which type of research model you feel is most compatible.
Find the? x-value that corresponds to the? z-score : Find the? x-value that corresponds to the? z-score -1.28. Round the answer to the nearest tenth.
Cumulative distribution function defined for values : Why is the cumulative distribution function defined for values to the left? What is the intuition behind this?
What will be required to implement program or policy : Develop a comprehensive action plan of what will be required for you to implement your program or policy. Be sure to include your problem statement

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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