Consider the cash account below.
Additional Information: Cash disbursements were 75% of collections.
$\begin{array}{|l|l|}
\hline \text { Cash } & \
\hline \text { Beg. Balance } & ? ? \
\hline \text { Collections } & 110,257.76 \
\hline \text { Disbursements } & ? ? \
\hline \text { EndBalance } & 112,567.43 \
\hline & \
\hline
\end{array}$ How much was the beginning balance of the cash account?

Question

Consider the cash account below.
Additional Information: Cash disbursements were 75% of collections.
 $\begin{array}{|l|l|}
\hline \text { Cash } &  \
\hline \text { Beg. Balance } & ? ? \
\hline \text { Collections } & 110,257.76 \
\hline \text { Disbursements } & ? ? \
\hline \text { EndBalance } & 112,567.43 \
\hline & \
\hline
\end{array}$ How much was the beginning balance of the cash account?

Quizplus · Accepted Answer

The Answer of Consider the cash account below.
Additional Information: Cash disbursements were 75% of collections.
 $\begin{array}{|l|l|}
\hline \text { Cash } &  \
\hline \text { Beg. Balance } & ? ? \
\hline \text { Collections } & 110,257.76 \
\hline \text { Disbursements } & ? ? \
\hline \text { EndBalance } & 112,567.43 \
\hline & \
\hline
\end{array}$ How much was the beginning balance of the cash account?

Consider the Cash Account Below How Much Was the Beginning Balance of the Cash Account