What is the amount of outstanding checks

Assignment Help Accounting Basics
Reference no: EM132040181

Question - In the month of November, Sunland Company Inc. wrote checks in the amount of $19200. In December, checks in the amount of $25329 were written. In November, $16934 of these checks were presented to the bank for payment, and $21766 were presented in December. What is the amount of outstanding checks at the end of November?

$5829

$4832

$6129

$2266

Reference no: EM132040181

Questions Cloud

What is the expected return per year : A person buys shares of a company at $45. They recently paid a $2 annual dividend which is expected to grow by 10% per year. What is expected return per year
What does the structural formaul for 2-octene : What does the structural formaul for 2-octene, which has a double bond between the number 2 and 3 carbons look like?
Determine the enthalpy of dissolving for ammonium nitrate : A student uses a calorimeter to determine the enthalpy of dissolving for ammonium nitrate. The student fills a calorimeter with 475 grams of water at room
What type of hydrocarbon is 2-octene : What type of hydrocarbon is 2-octene, and what about the structure allows 2-octene to be classified as this type of hydrocarbon?
What is the amount of outstanding checks : In the month of November, Sunland Company Inc. wrote checks in the amount of $19200. What is the amount of outstanding checks at the end of November
What volume will the gas occupy at a pressure : What volume will the gas occupy at a pressure of 0.15 atm please explain how you got the answer?
Potassium hydrogen phosphate : What volume of 0.08892M HNO3 is required to react completely with 0.2352 g of potassium hydrogen phosphate?
What is Trojan WACC : The company uses the CAPM to estimate the cost of equity and does not include flotation costs as part of its cost of capital. What is Trojan's WACC
Electronegative when looking at periodic table of element : How are you able to determine which atom is more electronegative when looking at the periodic table of elements.

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