- Managerial Accounting Chp. 7 Flashcards | Quizlet
Durango Co had a beginning cash balance of $4,000 on April 1 and desires an ending cash balance on April 30 of $8,000 If cash receipts for the month are $120,000 and cash disbursements are $112,000, how much debt can Durango Co repay and still meet its desired cash requirement?
- Total cash receipts equal $20,000, total cash payments equal $11,000 . . .
The total cash available is calculated by adding the beginning cash balance to the total cash receipts and then subtracting the total cash payments In this case, the total cash available equals $24,000 Thus option a)$24,000 is the correct answer for the above question
- Solved Total cash receipts equal $20,000, total cash | Chegg. com
Total cash receipts equal $20,000, total cash payments equal $11,000, and beginning cash equals $4,000 The total cash available is? Your solution’s ready to go! Our expert help has broken down your problem into an easy-to-learn solution you can count on
- Solved: Multiple Choice Question Total cash receipts equal $20,000 . . .
The total cash available is calculated by adding the total cash receipts to the beginning cash and then subtracting the total cash payments Therefore, the correct answer is: 20,000 (Total cash receipts) + 4,000 (Beginning cash) - 11,000 (Total cash payments) = 13,000 Copy Need improvement Helpful for me
- Total cash receipts equal $20,000, total cash payments equal $11,000 . . .
Step 2: According to your information, the beginning monetary resources are $4,000 and the monetary receipts are $20,000 So we add these two amounts: $4,000 + $20,000 = $24,000
- CH 14 Smartbook Flashcards | Quizlet
Durango Co had total cash receipts of $120,000 and total cash disbursements of $112,000 The beginning cash balance was $4,000 and the desired ending cash balance is $8,000
- Total cash receipts equal $20,000, total cash payments equal $14,000 . . .
The total cash available is $16,000 This is calculated by adding the beginning cash of $10,000 to total cash receipts of $20,000, then subtracting total cash payments of $14,000
- Chapter 14 Flashcards | Quizlet
Total cash receipts equal $10,000, total cash payments equal $11,000, beginning cash equals $4,000 and ending cash equals $22,000 The total cash available is
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