Andy Company had a cash balance on May 1 of $27,000.At the end of May,the cash balance has increased to $31,000.During the month of May,Andy received cash of $48,000 from various sources.Based on this information,cash payments for the month of May were:
A) $27,000.
B) $31,000.
C) $44,000.
D) $75,000.
Correct Answer:
Verified
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