CourseLover

(12)

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About CourseLover

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Algebra,Applied Sciences,Architecture and Design,Art & Design,Biology,Business & Finance,Calculus,Chemistry,Engineering,Health & Medical,HR Management,Law,Marketing,Math,Physics,Psychology,Programming,Science Hide all
Teaching Since: May 2017
Last Sign in: 287 Weeks Ago
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  • MCS,MBA(IT), Pursuing PHD
    Devry University
    Sep-2004 - Aug-2010

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  • Assistant Financial Analyst
    NatSteel Holdings Pte Ltd
    Aug-2007 - Jul-2017

Category > Accounting Posted 21 Dec 2017 My Price 10.00

Patrick company's transactions:

Patrick company had the following transactions:

1. The owner started the company by investing $10,000 of cash

2. The company paid $2,000 for six months of rent. The rent was paid in advance.

3. The company acquired $3,300 in inventory and put 1/3 of the purchases on account. The company paid $2,200 in cash.

4. The company sold inventory costing $1,400 for $2,900 on account.

After all these transactions, what is the balance in the cash account?

Answers

CourseLover
(12)
Status NEW Posted 21 Dec 2017 02:12 PM My Price 10.00

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