Schultz Tax Services,a tax preparation business had the following transactions during the month of June:
1.Received cash for providing accounting services,$3,000.
2.Billed customers on account for providing services,$7,000.
3.Paid advertising expense,$800.
4.Received cash from customers on account,$3,800.
5.paid cash dividends,$1,500.
6.Received telephone bill,$220.
7.Paid telephone bill,$220
Based on the information given above,calculate the balance of Cash at June 30.

Question

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The Answer of Schultz Tax Services,a tax preparation business had the following transactions during the month of June:
1.Received cash for providing accounting services,$3,000.
2.Billed customers on account for providing services,$7,000.
3.Paid advertising expense,$800.
4.Received cash from customers on account,$3,800.
5.paid cash dividends,$1,500.
6.Received telephone bill,$220.
7.Paid telephone bill,$220
Based on the information given above,calculate the balance of Cash at June 30.

Schultz Tax Services,a Tax Preparation Business Had the Following Transactions