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What is the amount of outstanding checks for november

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Reference no: EM132772050

Problem 1: What is the amount of outstanding checks for November?

Problem 2: How much is the deposit in transit for the month of November?

in reconciling the cash in bank of an enity with the bank statement balance for the month of nov. 2020. the ff were summarized:

book debit for nov. 1600,000

nov. service charge 400

oct. sevice charge 1600

oct. nsf check 40,000

oct. cm for note collected 120,000

oct deposit in transit 160,000

cm for nov. bank loan 200,000

oct outstanding check 341600

book debit for nov 1,240,000

bank credit for nov. 1400,000

bank debit for nov. 1200,000

Reference no: EM132772050

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