Question

The beginning Cash account balance is $38,700. During the period, cash disbursements (outflows) totaled $144,600.

If ending Cash is $51,200, then cash receipts must have been:

A. $105,900

B. $234,500

C. $132,100

D. $157,100

E. none of the abov

Answer 1

D. $157,100

Step-by-step explanation:

Amount in $

Beginning Cash account balance 38,700

Cash disbursement (outflows) (144,600)

Cash inflows xxxx

Ending balance 51,200

Cash inflows = 51,200 + 144,600 - 38,700

= $157,100

The right option is D. $157,100.