What the amount of outstanding checks at december is

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The following were provided by Dairy Company related to December.

  • Checks issued by Dairy Company in December, 2,200,000
  • Checks paid by the bank in December, 1,450,000
  • Outstanding checks, November 30, 70,000
  • Debit Memo - NSF checks in December, 20,000
  • Debit Memo - NSF checks in November, 50,000

Problem 1: What the amount of outstanding checks at December 31 is

Reference no: EM132694619

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