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How do I calculate the answer 71,000? please help! Your Company began operations on January 1 of this year and had the following transactions. 1)
How do I calculate the answer 71,000? please help!
Your Company began operations on January 1 of this year and had the following transactions. 1) issued stock for $45,000 2) paid employees' salaries of $6,000 3) purchased $20,000 of land for cash 4) provided services for $28,000 cash 5)borrowed $33,000 from its bank 6) paid this month's rent of $6,000 7) paid $3,000 dividends to stockholders What is the ending balance in the cash account? $65.000 $80,000 $95,000 $32,000 $71,000Step by Step Solution
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