Reference no: EM132727190
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
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: What the amount of outstanding checks at December 31 is? Checks issued by Dairy Company in December, 2,200,000. Debit Memo - NSF checks in December
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