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The following information relates to the Monty Company for November 20x5: Cash balance, November 31, 20x5 $25218 Depreciation expense for November 6287 Dividends declared in
The following information relates to the Monty Company for November 20x5:
Cash balance, November 31, 20x5 $25218
Depreciation expense for November 6287
Dividends declared in November 10270
Cash collections for November 72008
Equipment purchased for cash in November 11961
Cash operating expenses in November 27199
Merchandise paid for in November 41857
What is Montys cash balance on November 1, 20x5?
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