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All balances are as of the end of the period. There are no other accounts listed. Find the missing amount. Total Liabilities$40,000 Ending Retained Earnings$60,000
All balances are as of the end of the period. There are no other accounts listed. Find the missing amount.
Total Liabilities$40,000
Ending Retained Earnings$60,000
Common Stock$20,000
Paid in Capital$ 10,000
Accounts Receivable$40,000
Cash ????
Equipment, net $30,000
What is the ending balance of the cash account?
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