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Sagot :
Answer:
$39,600
Explanation:
Particulars Amount
Opening cash balance $12,000
Add: Cash collection $40,000
Total cash available $52,000
Less: Cash payment
Purchase of inventory $4,500
Operating expenses $7,900
Capital expenditure $0 $12,400
Cash balance at the end $39,600
The cash balance at the end of September is $39,600
First, we'll determine the total cash available
Total cash available
= Opening cash balance + Cash collection
= 12,000 + 40,000
= 52,000
Cash balance at the end
The next step is to deduct the cash payments from the total cash available.
= Total cash available - (Purchase of inventory + Operating expenses + Capital expenditure)
= 52,000 - (4,500 + 7,900 - 0)
= 52,000 - 12,400
= 39,600
The cash balance at the end of September is $39,600
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