Gumbo Company had the following transactions during the month of December. What was the December 1 cash balance? Dividends paid Credit sales $ 221 149 Payments for equipment Taxes paid Common stock...


Hello! I'm a little confused about this problem do I just divide cash flow on December 31st by 31 days and that's the answer? Thank you!


Gumbo Company had the following<br>transactions during the month of<br>December. What was the December 1 cash<br>balance?<br>Dividends paid<br>Credit sales<br>$ 221<br>149<br>Payments for equipment<br>Taxes paid<br>Common stock sold<br>1,496<br>2,032<br>2,550<br>2,125<br>2,763<br>9,869<br>Inventory received<br>Cash sales<br>Cash balance Dec. 31<br>

Extracted text: Gumbo Company had the following transactions during the month of December. What was the December 1 cash balance? Dividends paid Credit sales $ 221 149 Payments for equipment Taxes paid Common stock sold 1,496 2,032 2,550 2,125 2,763 9,869 Inventory received Cash sales Cash balance Dec. 31

Jun 11, 2022
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