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    ptsosie90's Avatar
    ptsosie90 Posts: 1, Reputation: 1
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    #1

    Jan 25, 2013, 12:58 PM
    How to analyze account entries to find unknown amount
    During October, Shandra Company had $97,500 of cash receipts and $101,250 of cash disburstments. The October 31 cash balance was $16,800. Determine how much cash the company had at the close of business on September 30.
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    pready Posts: 3,197, Reputation: 207
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    Jan 25, 2013, 02:38 PM
    Your ending balance plus your cash disbursement minus your cash receipts equals your beginning balance.
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