Consider the cash account below.
Additional Information: cash disbursements were 80% of collections.
How much was the Beginning Balance of the Cash Account?

Name: Consider the cash account below. Additional Information: cash disbursements were 80% of collections. How much was the Beginning Balance of the Cash Account?
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Question

Consider the cash account below.
Additional Information: cash disbursements were 80% of collections.
  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 80% of collections.
  How much was the Beginning Balance of the Cash Account?

Consider the Cash Account Below