The Francisca Company’s July 31 bank reconciliation showed four outstanding checks: No. 720 $496, No. 723 $285, No. 724 $456, and No. 725 $136. The Company wrote and recorded the following five checks during August: No. 726 $826, No. 727 $329, No. 728 $935, No. 729 $369, and No. 730 $1,986. The Company’s August 31 bank statement reported the following five checks were processed by the bank: No. 720 $496, No. 724 $456, No. 725 $136, No. 726 $826, and No. 727 $329. The bank charged the Company $56 for services during August.Determine the total dollar amount of the Company’s outstanding checks on August 31.

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Darshita 6.14K July 20, 2017 0 Comments

The Francisca Company’s July 31 bank reconciliation showed four outstanding checks: No. 720 $496, No. 723 $285, No. 724 $456, and No. 725 $136. The Company wrote and recorded the following five checks during August: No. 726 $826, No. 727 $329, No. 728 $935, No. 729 $369, and No. 730 $1,986. The Company’s August 31 bank statement reported the following five checks were processed by the bank: No. 720 $496, No. 724 $456, No. 725 $136, No. 726 $826, and No. 727 $329. The bank charged the Company $56 for services during August.Determine the total dollar amount of the Company’s outstanding checks on August 31.
a. $1,381
b. $3,290
c. $3,575
d. $4,445

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score 0 · Answer 1 · 2017-07-20T08:55:40+00:00

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