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In the month of May, Bonita Company Inc. wrote checks in the amount of $55800. In June, checks in the amount of $76000 were written. In May, $49000 of these check were presented to the bank for payment, and $66700 in June. No checks were outstanding at hecks at the end of June? May 1. What is the amount of outstand O $6800 O $16100 O $9300 O $20200

In the month of May, Bonita Company Inc. wrote checks in the amount of $55800. In June, checks in the amount of $76000 were written. In May, $49000 of these check were presented to the bank for payment, and $66700 in June. No checks were outstanding at hecks at the end of June? May 1. What is the amount of outstand O $6800 O $16100 O $9300 O $20200

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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In the month of May, Bonita Company Inc. wrote checks in the amount of $55800. In June, checks in the amount of $76000 were written. In May, $49000 of these check were presented to the bank for payment, and $66700 in June. No checks were outstanding at hecks at the end of June? May 1. What is the amount of outstand O $6800 O $16100 O $9300 O $20200
Transcribed Image Text:In the month of May, Bonita Company Inc. wrote checks in the amount of $55800. In June, checks in the amount of $76000 were written. In May, $49000 of these check were presented to the bank for payment, and $66700 in June. No checks were outstanding at hecks at the end of June? May 1. What is the amount of outstand O $6800 O $16100 O $9300 O $20200
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