a business starts out with a cash balance of


A business starts out with a cash balance of £1,000. It then makes the following transactions:
Buys inventory on credit for £500
Sells a non-current asset for £100 cash
Sells goods on credit £200
Buys a non-current asset for £400, paying a 10% cash deposit with the balance to be paid later.

What is the cash balance after these transactions?

Request for Solution File

Ask an Expert for Answer!!
Basic Statistics: a business starts out with a cash balance of
Reference No:- TGS0155865

Expected delivery within 24 Hours