What is montgomerys cash balance on november 30

Reference no: EM133612037

Question: The following information relates to the Montgomery Company for November 20x2: Item Cash amount Opening cash balance, November 1, 20x2 $37,500 Depreciation expense for November 8,500 Dividends declared in November 11,500 Cash collections for November 79,000 Equipment purchased for cash in November 14,500 Cash operating expenses in November 34,500 Merchandise paid for in November 43,500 What is Montgomery's cash balance on November 30, 20x2?

Reference no: EM133612037

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