Tyler, Inc.s cash balance at December 31, 2011, the end of its financial reporting year, was $155,000.

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Tyler, Inc.’s cash balance at December 31, 2011, the end of its financial reporting year, was $155,000. During 2011, cash provided by operations was $145,000, cash used in investing activities was $67,000, and cash provided by financing activities was $10,000. Calculate the amount of Tyler’s beginning cash balance at January 1, 2011.


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Financial and Managerial Accounting the basis for business decisions

ISBN: 978-0078111044

16th edition

Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello

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