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During February 2021 its first month of operations, the stockholders of Waterway Enterprises invested cash of $ 50400. Waterway had cash revenues of $ 11200
During February 2021 its first month of operations, the stockholders of Waterway Enterprises invested cash of $ 50400. Waterway had cash revenues of $ 11200 and paid expenses of $ 16000. Assuming no other transactions impacted the cash account, what is the balance in Cash at February 28? $ 4800 credit $ 55200 debit $ 4800 debit $ 45600 debit During the year 2022, Swifty Company earned revenues of $ 90300, had expenses of $56800, purchased assets with a cost of $ 9100 and paid dividends of $ 5400. Net income for the year is $ 19000. O $ 24400. 0 $28100. O $ 33500
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