Question

The beginning Cash account balance is $38,700. During the period, cash disbursements (outflows) totaled $144,600.
If ending Cash is $51,200, then cash receipts must have been:

A. $105,900

B. $234,500

C. $132,100

D. $157,100

E. none of the abov

Answer 1

Answer:

D. $157,100

Explanation:

                                                                                  Amount in $

Beginning Cash account balance                           38,700

Cash disbursement (outflows)                                 (144,600)

Cash inflows                                                               xxxx        

Ending balance                                                           51,200    

Cash inflows =  51,200 + 144,600 - 38,700

                      =  $157,100

The right option is D. $157,100.