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
Correct Answer:

Verified
Correct Answer:
Verified
Q24: If a company receives $20,000 cash from
Q26: A company started the year with a
Q28: Match the term with its definition.(There are
Q30: Listed below are components of several transactions.In
Q31: Accounts Payable had a balance of $18,200
Q32: Match each account name with the category
Q33: The Lion Corp has the following information
Q97: Which one of the following is not
Q174: Transactions include which two types of events?<br>A)Direct
Q219: The requirement that transactions be recorded at