SOLUTION: Q: During the month of September, the company had cash receipts of $36,000 and cash payment of $40,500. The September 30 cash balance was $8,000. How can I find the August 31 cash

Question 985155: Q: During the month of September, the company had cash receipts of $36,000 and cash payment of $40,500. The September 30 cash balance was $8,000. How can I find the August 31 cash balance?
Answer by solver91311(24713) (Show Source): You can put this solution on YOUR website!

By asking someone who helps on an Accounting homework help site. This is Algebra.com.

John

My calculator said it, I believe it, that settles it

RELATED QUESTIONS
A company collects 60% of its sales during the month of sale, 30% one month after the... (answered by Mathtut)

One month a family had cash receipts of $876.16. Their excess of cash receipts above... (answered by ikleyn)

Please explain how to work this formula. A company collects 60% of its sales during... (answered by Mathtut)

One month, the Taylor family had cash receipts of $876.16. Their excess of cash receipts... (answered by ewatrrr,ikleyn)

From April to December 2000, the stock price of QRS Company had a roller coaster ride.... (answered by Theo)

The following information was obtained from the accounting records of Kamuka Traders for... (answered by ikleyn)

On March 1, company borrowed 1500. Three equal payments are required on April 30, June... (answered by solver91311)

The randolphs used 12 more gal of fuel oil in october than in september and twice as... (answered by Paul)

The Randolphs used 12 more gal of fuel oil in October than in September and twice as... (answered by Socom491)