Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. eb 18. lo 3.5krespy corp. has a cash balance of $7

EB 18. LO 3.5Krespy Corp. has a cash balance of $7,500 before the...

60.1K

Verified Solution

Question

Accounting

EB 18. LO 3.5Krespy Corp. has a cash balance of $7,500 before the following transactions occur:received customer payments of $965supplies purchased on account $435services worth $850 performed, 25% is paid in cash the rest will be billedcorporation pays $275 for an ad in the newspaperbill is received for electricity used $235.dividends of $2,500 are distributedWhat is the balance in cash after these transactions are journalized and posted?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Basic Math
1.2K views

What additional information do you need to prove that triangle ABC is congruent to triangle...

Basic Math
1.2K views

Jade has $24,500 to invest. She decides to divide it into the three accounts listed. At...

Programming
1.2K views

Calculate the input and output dimension for each convolution and pooling layer in DeepSEA (100pts)

Biology
1.2K views

One of the main aims of Dr Marcus s research group at Emory is to...

Physics
1.2K views

The following situation may or may not be consistent with the principle of conservation of...

Calculus
1.2K views

Convert the Cartesian coordinate (6,-4) to polar coordinates, 0? 0 < 2?, r> 0Enter exact...

Calculus
1.2K views

graph of g to estimate lim g x or to show that the limit does...

Algebra
1.2K views

1 y 3 x 1 2 a Graph the function by hand b Identify the...

Accounting
1.2K views

A firm plans to begin production of a new small appliance. The manager must decide...

Accounting
1.2K views

On Janusry 1 Year 1,Philips Company made a basket purchase including land, a building and...

Finance
1.2K views

operations research 1. Two machines...

Finance
1.2K views

A five-year project requires an investment of -296 and has the following cash flows in...