Question
33. Partial financial information for a company is as follows: Beginning cash balance $1,200, Received cash from sales of goods $15,000, Paid wages and salaries
33. Partial financial information for a company is as follows:
Beginning cash balance $1,200,
Received cash from sales of goods $15,000,
Paid wages and salaries $4,500,
Received cash from non-trading securities $5,000,
Paid cash for plant assets $6,000, Received cash from loans $8,000,
Paid cash in repayment of loans $2,000.
What is the ending cash balance for the company? $20,000, $18,7000, $16,700, $15,500.
33. Partial financial information for a company is as follows:
Beginning cash balance $1,200,
Received cash from sales of goods $15,000,
Paid wages and salaries $4,500,
Received cash from non-trading securities $5,000,
Paid cash for plant assets $6,000, Received cash from loans $8,000,
Paid cash in repayment of loans $2,000.
What is the ending cash balance for the company? $20,000, $18,7000, $16,700, $15,500.
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Get StartedRecommended Textbook for
Principles Of Taxation For Business And Investment Planning 2016 Edition
Authors: Sally Jones, Shelley Rhoades Catanach
19th Edition
1259549259, 978-1259618536, 1259618536, 978-1259549250
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