Meridian Furniture had the transactions for the month that are summarized below.Purchased $3,600 in supplies with cash. Issued 400 shares of stock for $45 per share. Ordered supplies at a cost of $8,000. Paid a utility bill for $1,000. If the Cash account had a beginning balance of $20,000, what was the balance at the end of the month?
A. $25,400
B. $40,600
C. $33,400
D. $22,600
Answer: C
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