Analyzing account entries and balances During October, Shandra Company had $97,500 of cash receipts and $101,250 of cash disbursements. The October…
Analyzing account entries and balances During October, Shandra Company had $97,500 of cash receipts and $101,250 of cash disbursements. The October 31 Cash balance was $16,800. Determine how much cash the company had at the close of business on September 30.