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31. Modos Company has deposited $2,000 in cheques received from customers. It has written $1,400 in cheques to its suppliers. The initial balance was $400.

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31. Modos Company has deposited $2,000 in cheques received from customers. It has written $1,400 in cheques to its suppliers. The initial balance was $400. If $1,600 of its customers cheques have been cleared but only $600 of its own has been deposited, calculate its oat. A. $200 B. $400 C. $300 D. $700

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