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Meridian Furniture Had the Transactions for the Month That Are

Question 29

Multiple Choice

Meridian Furniture had the transactions for the month that are summarized below.
-Purchased $1,800 in supplies with cash.
-Issued 200 shares of stock for $45 per share.
-Ordered supplies at a cost of $4,000.
-Paid a utility bill for $500.
If the Cash account had a beginning balance of $10,000,what was the balance at the end of the month?


A) $11,300
B) $12,700
C) $16,700
D) $20,300

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