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Assume the following account balances on January 1, 2019 for a corpo.pdf

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Assume the following account balances on January 1, 2019 for a corporation. Accounts Payable $30,000 Accounts Receivable 45,000 Bank Loan 65,000 Building 67,000 Cash 30,000 Equipment 23,000 Land 13,000 Common Stock 5,000 Unused Supplies 3,000 In January the company received a total of $21,000 from its customers to pay off their accounts and the company made a $10,000 payment on the bank loan. What is the cash balance at the end of the month? Group of answer choices.

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Assume the following account balances on January 1, 2019 for a corporation. Accounts Payable $30,000 Accounts Receivable 45,000 Bank Loan 65,000 Building 67,000 Cash 30,000 Equipment 23,000 Land 13,000 Common Stock 5,000 Unused Supplies 3,000 In January the company received a total of $21,000 from its customers to pay off their accounts and the company made a $10,000 payment on the bank loan. What is the cash balance at the end of the month? Group of answer choices

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