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Weimar World, a tax-preparation service, had a cash balance of $183,750 as of March 1. During the month of March, Weimar World had the following
Weimar World, a tax-preparation service, had a cash balance of $183,750 as of March 1. During the month of March, Weimar World had the following transactions. Billed $744,000 in revenues on credit Received $246,000 from customers' accounts receivable Incurred expenses of $291,000 but only paid $131,550 cash for these expenses Prepaid $48,300 for computer services to be used next month What was the company's cash balance on March 31? Select one: O a. $298,200 O b. $249,900 O C. $636,750 O d. $453,000 e. None of these are correct
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