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Jordan Computer Corp. reported the following items on its comparative balance sheet at December 31, 2016: Balance Sheet Dec 31, 2016 Dec 31, 2015 Cash:
Jordan Computer Corp. reported the following items on its comparative balance sheet at December 31, 2016:
Balance Sheet
Dec 31, 2016 Dec 31, 2015
Cash: $85,000 ???
Statement of Cash Flows for the period ending December 31, 2016
Net cash inflows from operating activities: $75,000
Net cash inflows from investing activities: $20,000
Net cash outflows from financing activities: ($45,000)
What was the cash balance on December 31, 2015?
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