A manager of a local restaurant had a bank balance of $3613.68 on October 1. During October,
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A manager of a local restaurant had a bank balance of $3613.68 on October 1. During October, the manager deposited $52,334.19 received from sales, $2119.80 received as credits from suppliers, and $94.30 as a county tax refund. He paid out $25,417.05 to suppliers, $4187.22 for rent and utilities, and $10,804.70 for salaries. What was the manager's final balance at the end of October?
Related Book For
College Accounting A Contemporary Approach
ISBN: 978-0077639730
3rd edition
Authors: David Haddock, John Price, Michael Farina
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