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Answer :
Final Answer:
The cash balance per the company's record as of July 31st, 2021, is (C) $30,190.
Explanation:
The provided answer, (C) $30,190, indicates the cash balance according to the company's records as of July 31st, 2021. This figure represents the amount of cash the company has on hand at that specific date. Maintaining accurate records of cash balances is essential for financial management and decision-making within a business. It provides insights into the company's liquidity, financial health, and its ability to meet short-term obligations. Therefore, the cash balance per the company's records is a critical financial metric that helps assess its financial stability and capacity to invest, expand, or cover expenses.
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