Gumbo Company

  Gumbo Company had the following transactions during the month of December. What was the December 1 cash balance? TransactionsTransactions Dividends Paid $ 221 Credit Sales $149 Payments for equipment $1,496 Taxes Paid $2,032 Common stock sold $2,550 Inventory received $2,125 Cash sales $2,763 Cash balance Dec. 31 $9,869