Question
During the month of November, Duffee Company had cash receipts of $4746 and paid out $3980 for expenses. The November 30th cash balance was $7792.
During the month of November, Duffee Company had cash receipts of $4746 and paid out $3980 for expenses. The November 30th cash balance was $7792. What was the cash balance on November 1?
Answer:
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
IFRS edition volume 2
978-0470613474, 470613475, 978-0470616314
