Multiple Choice
During the month of November, Duffee Company had cash receipts of $3,500 and paid out $1,000 for expenses. The November 30th cash balance was $5,300. What was the cash balance on November 1?
A) $1,800
B) $2,800
C) $4,300
D) $5,800
E) $7,300
Correct Answer:
Verified
Correct Answer:
Verified
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