Analysis of Accounts

Calculate the unknown amount required in each of the following five independent situations. The answer to situation (a) is given as an illustration:

	Account	Beginning Balance	Ending Balance	Other Information
a.	Cash	$10,100	$5,250	Total cash disbursed, $6,300.
b.	Accounts Receivable	7,200	9,300	Services on account, $16,500.
c.	Notes Payable	15,000	20,000	Borrowed funds by issuing note, $17,000.
d.	Accounts Payable	6,280	1,720	Payments on account, $4,850.
e.	Stockholders Equity	24,000	46,000	Capital Contribution, $5,000.

	Unknown Amounts Required
a.	Total cash received			$1,450
b.	Total cash collected from credit customers			$Answer
c.	Notes payable repaid during the period			$Answer
d.	Good and services received from suppliers on account			$Answer
e.	Net income, assuming that no dividends were paid			$Answer