Determine the cash recepits for March based on the following information:
Cash payments $45500
April 1 cash balance $6750
April 30 cash balance $10000
![]() |
Determine the cash recepits for March based on the following information:
Cash payments $45500
April 1 cash balance $6750
April 30 cash balance $10000
Since the formula for determining your cash balance is:
Beginning Cash + Cash Receipts - Cash Payments = Ending Cash Balance
you just need to rearrange your formula so you can solve for your missing amount:
Ending Cash Balance - Beginning Cash Balance + Cash Payments = Cash Receipts
All times are GMT -7. The time now is 03:16 PM. |