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The following information relates to the Monty Company for November 20x5: Cash balance, November 31, 20x5 $23424 Depreciation expense for November 5803 Dividends declared in
The following information relates to the Monty Company for November 20x5:
Cash balance, November 31, 20x5 | $23424 |
Depreciation expense for November | 5803 |
Dividends declared in November | 10014 |
Cash collections for November | 73748 |
Equipment purchased for cash in November | 13934 |
Cash operating expenses in November | 30789 |
Merchandise paid for in November | 38029 |
What is Montys cash balance on November 1, 20x5?
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