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  3. krespy corp. has a cash balance of $7,500 before t

Krespy Corp. has a cash balance of $7,500 before the followin a transactions occur: A....

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Accounting

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Krespy Corp. has a cash balance of $7,500 before the followin a transactions occur: A. received customer payments of $965 B. supplies purchased on account $435 C. services worth $850 performed, 25% is paid in cash the rest will be billed D. corporation pays $275 for an ad in the newspaper E. bill is received for electricity used $235. F. dividends of $2,500 are distributed What is the balance in cash after these transactions are journalized and posted? Cash=$6,027($7,500+$965$213+$275$2,500=$5,903)Cash=$5,477($7,500+$965$213$275$2,500=$5,903)Cash=$6,453($7,500+$965+$213+$275$2,500=$5,903)Cash=$5,903($7,500+$965+$213$275$2,500=$5,903)

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