Question 7 Annual Operating Loan Quarter 1 Beginning Cash Balance 3,000 + Net Cash Flow -13,530 + Operating Loan Borrowing [1] Operating Loan Payment [2] [3] = Ending Cash Balance 25,000 Beginning Operating Loan Balance Ending Operating Loan Balance [4] Required Minimum Account Balance: $2,500 Do not include commas or dollar signs

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Question 7
Annual Operating Loan
Quarter 1
3,000
Beginning Cash Balance
+ Net Cash Flow
-13,530
+ Operating Loan Borrowing
[1]
[2]
Operating Loan Payment
[3]
= Ending Cash Balance
25,000
Beginning Operating Loan Balance
[4]
Ending Operating Loan Balance
Required Minimum Account Balance: $2,500
Do not include commas or dollar signs
riv
Tern
Type here to search
DII
PrtScn
Home
F3
F5
F6
F7
F4
Transcribed Image Text:Question 7 Annual Operating Loan Quarter 1 3,000 Beginning Cash Balance + Net Cash Flow -13,530 + Operating Loan Borrowing [1] [2] Operating Loan Payment [3] = Ending Cash Balance 25,000 Beginning Operating Loan Balance [4] Ending Operating Loan Balance Required Minimum Account Balance: $2,500 Do not include commas or dollar signs riv Tern Type here to search DII PrtScn Home F3 F5 F6 F7 F4
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