If the beginning Cash account balance was $18,400, the ending balance was $10,200, and total cash received during the period was $44,000, what amount of cash was paid out during the period?
A) $52,200
B) $35,800
C) $ 1,800
D) $42,400
E) None of the above

Question

Quizplus · Accepted Answer

The cash paid out during the period can be calculated by starting with the beginning cash balance, adding the total cash received, and then subtracting the ending balance. So, $18,400 (beginning balance) + $44,000 (cash received) - $10,200 (ending balance) = $52,200.

If the Beginning Cash Account Balance Was $18,400, the Ending