Multiple Choice
During the month of February, Hoffer Company had cash receipts of $7,500 and cash disbursements of $8,600. The February 28 cash balance was $1,800. What was the January 31 beginning cash balance?
A) $700.
B) $1,100.
C) $2,900.
D) $0.
E) $4,300.
Correct Answer:
Verified
Correct Answer:
Verified
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