http://parrottcpa.blogspot.com/2013/09/what-is-outstanding-check.html

http://parrottcpa.blogspot.com/2013/09/what-is-outstanding-check.html Shared via feedly // published on AccountingCoach.com Q&A // visit site

What is an outstanding check?
An outstanding check is a check that has been written by a company (and deducted from the appropriate general ledger cash account) but it has not yet cleared the bank account on which it is drawn. Hence, outstanding checks will mean that the balance in the bank account will be greater than the balance in […]

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About parrottcpa

Parrott & Associates, Certified Public Accountants Specializing In Business & Individual Taxes, Accounting & Payroll Located in Cumming, Georgia http://parrottcpa.com/
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