Answered

Westonci.ca connects you with experts who provide insightful answers to your questions. Join us today and start learning! Get expert answers to your questions quickly and accurately from our dedicated community of professionals. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

At the start of the month, a company reported a $34,000 debit balance in its cash account. During the month, the company debited cash for $30,000 and credits cash for $42,000. At the end of the month, the cash account has a.

Sagot :

Answer:

The ending cash balance equals the beginning cash balance plus cash receipts occurring during the period minus cash payments occurring during the period.

The ending cash balance = $34,000 + 30,000 − 42,000 = $22,000.

Explanation

We hope our answers were helpful. Return anytime for more information and answers to any other questions you may have. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. We're glad you chose Westonci.ca. Revisit us for updated answers from our knowledgeable team.