kathykempfer Posts: 2, Reputation: 1 New Member #1 Sep 2, 2016, 10:59 AM
Compute balance in cash at the beginning of the year
I have an annual report and the question is compute the balance in cash at the beginning of the year? What is a formula to use to get that answer?

## Check out some similar questions!

I am trying to complete a homework assignment and have been staring at the information my professor has given me for about 6 hours now and am still at a complete loss/standstill. Would anyone mind answering how you come up with the closing entries from only the beginning balance and preclosing...

I have the cash receipts, the cash payments and the ending cash balance, but I can't figure out the beginging cash balance.

The Balance sheet is the only thing I have to set up a ledger for a business where the bookkeeper moved and gave the owner a couple of weeks to find someone. I have done a little bookkeeping, but everything was already set up. So, I could use all the help I can get. Thank you in advance.

On June 1 the cash balance was \$162,000. During the month, cash receipts totaled \$80,000 and the June 30 cash balance was \$148,000. What is the total cash payments of June?

 Question Tools Search this Question Search this Question: Advanced Search