Aurora Company had a cash balance On May 1 of $17,000. At the end of May, the cash balance had increased to $28,000. During the month of May, Aurora received cash of $26,000 from various sources.
Based on this information, cash payments for the month of May:
A) were $11,000.
B) were $15,000.
C) were $19,000.
D) cannot be determined from the information given.
Correct Answer:
Verified
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