Analyze nestle csr initiative plan focuses on society issues
This is a CSR project, and choose to nestle as our company Note: Please give answer on mentioned words (must add intext citation) and required
What is balance in cash after transactions are journalized
Assignment Instructions
Assignment ID: FG132983787
Krespy Corp. has a cash balance of $7,500 before the following transactions occur:
- received customer payments of $965
- supplies purchased on account $435
- services worth $850 performed, 25% is paid in cash the rest will be billed
- corporation pays $275 for an ad in the newspaper
- bill is received for electricity used $235.
- dividends of $2,500 are distributed
Problem 1: What is the balance in cash after these transactions are journalized and posted?
Option 1: Cash = $6,027 ($7,500 + $965 – $213 + $275 – $2,500 = $5,903)
Option 2: Cash = $6,453 ($7,500 + $965 + $213 + $275 – $2,500 = $5,903)
Option 3: Cash = $5,903 ($7,500 + $965 + $213 – $275 – $2,500 = $5,903)
Option 4: Cash = $5,477 ($7,500 + $965 – $213 – $275 – $2,500 = $5,903)
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