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At the end of the past month,the cash account of a company had an ending balance of $6,750.During the last month, the account was debited for a total of $11,350 and credited for a total of $10,500.What was the balance in the cash account at the beginning of last month?

Respuesta :

The cash account of a company had an ending balance of $6750. During the last month, the account was debited for a total of $11,350 and credited for a total of $10,500.


And we have to use the formula


Beginning  \ Cash \ Balance + \ Debits  - \ Credits \ = \ Ending \  Cash \ Balance  


Substituting the values , we will get


Beginning  \ Cash \ Balance + 11350  - 10500 = 6750


Therefore beginning cash balance is


= 6750+10500-11350=$ 5900


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photochocolatestar
The answer is $5900
6750+10500=17250
17250-11350=5900

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