At the close of the month of July, ABC Widgets Incorporated had a balance of $13,498.40. During August, the bank wrote out checks totaling $1,829.35. The company had receivables of $975.46, and its bank paid an interest amount of $1.66. Assuming that there were no extra fees or missing transactions, what should its balance be in August?

Answer rating: 100% (QA)

To calculate the balance of ABC Widgets Incorporate... View the full answer