Transactions Amount 15,500.00 39,000.00 110,000.00 230,000.00 14,000.00 16,000.00 14,000.00 3,980.00 18,000.00 200,000.00 108,000.00 8,400.00 12,000.00 9,000.00 Cash receipts from dividends Additional cash investment of owner Cash purchase of land Collection from customers Commission income received a. b. C. d. е. Depreciation Expense Interest on bank loan paid Interest received from bank deposits Cash paid for advertising Proceeds from bank loan f. g. h. i. j. k. I. Cash paid for salaries Provision for bad debts Cash paid for utilities Cash paid for government taxes m. n.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question

How much is the ending cash balance?

Transactions
Amount
15,500.00
39,000.00
110,000.00
230,000.00
14,000.00
16,000.00
14,000.00
3,980.00
18,000.00
200,000.00
108,000.00
8,400.00
12,000.00
9,000.00
Cash receipts from dividends
Additional cash investment of owner
a.
b.
Cash purchase of land
Collection from customers
Commission income received
Depreciation Expense
Interest on bank loan paid
Interest received from bank deposits
Cash paid for advertising
Proceeds from bank loan
C.
d.
e.
f.
g.
h.
i.
j.
k.
I.
Cash paid for salaries
Provision for bad debts
Cash paid for utilities
Cash paid for government taxes
m.
n.
Transcribed Image Text:Transactions Amount 15,500.00 39,000.00 110,000.00 230,000.00 14,000.00 16,000.00 14,000.00 3,980.00 18,000.00 200,000.00 108,000.00 8,400.00 12,000.00 9,000.00 Cash receipts from dividends Additional cash investment of owner a. b. Cash purchase of land Collection from customers Commission income received Depreciation Expense Interest on bank loan paid Interest received from bank deposits Cash paid for advertising Proceeds from bank loan C. d. e. f. g. h. i. j. k. I. Cash paid for salaries Provision for bad debts Cash paid for utilities Cash paid for government taxes m. n.
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education