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  • 03-07-2021
  • Business
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If the balance of the cash account is $80,800 at the end of the month, what was the cash balance at the beginning of the month

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Tundexi
Tundexi Tundexi
  • 06-07-2021

Answer:

$38,900

Explanation:

Missing word "During the month, Warwick co, received $332,800 in cash and paid out $280,900 in cash"

Particulars                                Amount

Cash balance at month end   $80,800

Add: Cash paid out                 $280,900

Less: Cash received               $322,800

Beginning cash balance       $38,900

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