Question

What is a recommended strategy for managing outstanding checks to ensure proper account balance tracking?

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Avoid writing checks to individuals or small businesses.

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Keep a separate log of outstanding checks.

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Always add the amount of the outstanding check to next month's balance.

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Write post-dated checks to delay payments.

Answer 1

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Keep a separate log of outstanding checks.

Explanation: maintaining a log lets you track checks that haven't cleared so your reconciled balance is accurate. The other options are not recommended.