Valley Farm Supply started the period with $80,000 cash. Cash receipts for January expected to total $350,000. Cash disbursement

Question

3 years ago

8

s for January were expected to be $290,000. What is the expected cash balance at the end of January

1 answer:

Sonja [21] · Answer 1 · 2022-04-16T20:30:27+03:00

Sonja [21]3 years ago

4 0

Answer:

Expected cash balance 140,000

Explanation:

$$$Beginning Cash $$$+ cash receipts$$$- cash disbursements$$$Equals Ending Cash$

80,000 beginning cash

350,000 cash receipts

(290,000) cash disbursements

140,000 ending cash