The Talent Agency had the following estimates for the six months ending 31 December 2015.
$$\begin{array} { l r }
\text { Cash balance } 1.1 .15 \text { (Overd raft) } & ( \$ 8,150 ) \
\text { Cash receipts from commissions } & \$ 85,000 \
\text { Cash payments for expenses } & 82,300 \
\text { Proceeds from the sale of motor vehicle } & 6,500 \
\text { Borrowing } & 5,000 \
\text { Depreciation on equipment } & 2,600
\end{array}$$
The estimated cash balance at 31 December 2015 is:

Question

The Talent Agency had the following estimates for the six months ending 31 December 2015.
$$\begin{array} { l r } 
\text { Cash balance } 1.1 .15 \text { (Overd raft) } & ( \$ 8,150 ) \
\text { Cash receipts from commissions } & \$ 85,000 \
\text { Cash payments for expenses } & 82,300 \
\text { Proceeds from the sale of motor vehicle } & 6,500 \
\text { Borrowing } & 5,000 \
\text { Depreciation on equipment } & 2,600
\end{array}$$
The estimated cash balance at 31 December 2015 is:

Quizplus · Accepted Answer

The Answer of The Talent Agency had the following estimates for the six months ending 31 December 2015.
$$\begin{array} { l r } 
\text { Cash balance } 1.1 .15 \text { (Overd raft) } & ( \$ 8,150 ) \
\text { Cash receipts from commissions } & \$ 85,000 \
\text { Cash payments for expenses } & 82,300 \
\text { Proceeds from the sale of motor vehicle } & 6,500 \
\text { Borrowing } & 5,000 \
\text { Depreciation on equipment } & 2,600
\end{array}$$
The estimated cash balance at 31 December 2015 is:

The Talent Agency Had the Following Estimates for the Six