What is amount of outstanding checks at the end of may -, Ask an Expert

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In month of May, Lopat Company Inc. wrote checks in the amount of $37,000. In June, checks in amount of $50,632 were written. In May, $33,872 of these checks were presented to bank for payment, and $43,532 in June. What is amount of outstanding checks at the end of May?

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M9311464

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