ng Enabled: Midterm Exam #$1$

A company opened on January $1$ of the current year. During January, the following transactions occurred and were recorded in the company's books:

The company received $$13,700$ cash for services provided.

The company paid $$2,300$ cash for an insurance policy covering the next $24$ months.

The company received $$5,900$ cash for services provided.

The company purchased $$6,400$ of office equipment on credit.

The company provided $$2,950$ of services to customers on account.

The company paid cash of $$1,700$ for monthly rent.

The company paid $$3,300$ on the office equipment purchased in transaction #$5$ above.

Paid $$295$ cash for January utilities.

Based on this information, the balance in the cash account at the end of January would be:

Multiple Choice

$$44,050.$

$$12,005$

$$19,300.$

$$14,955.$

$$15,650.$