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dr. Cash 600 cr. Common Stock 600 dr. Equipment 600 cr. Cash 200 cr. Loans Payable 400 dr. Supplies 50 cr. Accounts Payable 5

If Grant started the month with $0 cash, what is the company's amount of cash at the end of the month?

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Answer #1
CASH
Beginning balance 0 Equipment 200
Common stock 600 Utilities expense 15
Service revenue 350 Accounts payable 30
Accounts receivable 250 Dividends 10
Ending balance 945

Cash balance at the end of month = $945

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