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