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16-01-2023
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calculate the unknown amount in each of the following five independent situations. note: the answer to situation (a) is given as an example. beginning ending account balance balance other information a. cash $6,100 $5,250 total cash disbursed, $5,400. b. accounts receivable $8,500 $9,300 services on account, $16,500. c. notes payable $15,000 $20,000 borrowed funds by issuing a note, $30,000. d. accounts payable $3,280 $1,720 payments on account, $2,900. e. stockholders' equity $32,000 $46,000 capital contribution, $5,000. unknown amounts required a. total cash received $4,550 b. total cash collected from credit customers answer c. notes payable repaid during the period answer d. goods and services received from suppliers on account answer e. net income, assuming that no dividends were paid answer

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