Cash Account Balance

During the month, Bavarian Auto Co. received $280,750 in cash and paid out $236,950 in cash.

a. Does this information indicate that Bavarian Auto Co. had net income of $43,800 during the month?

Net income $_______ the net change in all assets and liabilities from operating (revenue and expense) transactions.

b. If the balance of the cash account is $63,450 at the end of the month, what was the cash balance at the beginning of the month? $______