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Calculate the ending cash balance of the current month for the following opening cash balance and current months cash flows. Beginning cash $23,000 Prior month
Calculate the ending cash balance of the current month for the following opening cash balance and current months cash flows.
Beginning cash | $23,000 | |
Prior month sales | 56,000 | |
Current month sales | 99,000 | |
Current purchases | 33,000 | |
Prior month purchases | 15,000 | |
Sale of old equipment | 68,000 | |
Dividend payment | 80,000 | |
Wages and others | 33,000 |
Ending cash balance | $ |
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