question archive Consider the cash account below
Subject:AccountingPrice:3.87 Bought7
Consider the cash account below.
Additional Information: cash disbursements were 80% of collections.
Cash |
|
?? |
Beg. Balance |
115,375 |
Collections |
?? |
Disbursements |
80,275 |
End Balance |
|
|
How much was the Beginning Balance of the Cash Account?
A. $57,200
B. $92,300
C. $103,350
D. $35,100
Purchased 7 times