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Storm Vogel Tools has the following year-end account balances: Accounts Receivable, 5,000 Supplies, 12,000 Equipment, 18,000 Accounts Payable, 17,000...
Storm Vogel Tools has the following year-end account balances:
Accounts Receivable, £5,000
Supplies, £12,000
Equipment, £18,000
Accounts Payable, £17,000
Share Capital, £43,000
Cash, £?
Assuming that Storm Vogel has only the account balances listed, how much must its cash balance be?
£25,000
£95,000
£43,000
Cannot be determined from the data given