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Of flag During May, Perdido Enterprises had the following transactions: Purchased goods on account for $5,000. Made a payment on account of $2,500. Made
Of flag During May, Perdido Enterprises had the following transactions: Purchased goods on account for $5,000. Made a payment on account of $2,500. Made cash sales of $8,200. Made sales on account of $12,600. .Collected receivables of $3,200. Paid expenses of $5,900. Paid dividends of $1,000. If Perdido started May with a cash balance of $10,000, what is the cash balance at the end of May? $22,400 $21,900 $12,000 $13,000
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