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Trim Lawn, Inc., is a lawn care company. Thus, the company earns its revenue from sending its trucks to customers' residences and certain commercial establishments
Trim Lawn, Inc., is a lawn care company. Thus, the company earns its revenue from sending its trucks to customers' residences and certain commercial establishments to care for lawns and shrubbery. Trim Lawn has the following account balance at the end of the first 11 months: Transaction for month of December are as follows $465, 150. Dec. 2 Paid rent for December. $3,000. Paid the accounts payable of $33.600. Paid advertising for December, $1, 500. Purchased a new office desk on account, $1, 050. Purchased $240 of supplies on accounts for use in December. Collected cash from customers on account, $75.000. Paid for customer entertainment, $450. Collected an additional $6,000 from customers on account. Paid for gasoline used in the trucks in December, $270. Billed customers for service rendered, $79, 500. Paid for more December supplies, $12,000. Paid December salaries, $15, 300. Paid a $4,000 cash dividend. (The Dividends account is No. 320.) What is the balance of Cash as of December 31
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