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boyakko [2]
3 years ago
10

During the month of February, Rubio Services had cash receipts of $8,100 and cash disbursements of $9,800. The February 28 cash

balance was $3,000. What was the February 1 beginning cash balance?
Business
1 answer:
Nikolay [14]3 years ago
6 0

Answer:

$4,700

Explanation:

Given that,

Rubio Services had cash receipts = $8,100

Cash disbursements = $9,800

Cash balance on February 28 = $3,000

February 1 beginning cash balance:

= Ending cash balance + Cash disbursements - Cash receipts

= $3,000 + $9,800 - $8,100

= $4,700

Therefore, the beginning cash balance for the month of February is $4,700.

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What’s the question because you are not asking a question
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2 years ago
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The correct answer is c) rises.

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