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Fill in the missing amounts

Fill in the missing amounts-example-1
User Mateo Vial
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4 votes

Answers:

Mar Abr May

Receipts $1,155 $1,250 $945

Expenses $1,100 $990 $900

Net Cash Flow $55 $260 $45

Cumulative Balance $55 $315 $360


Solution:

1) Mar

Cumulative Balance Mar =Net Cash Flow Mar

Cumulative Balance Mar =$55

2) Abr

Net Cash Flow Abr=Receipts Abr-Expenses Abr

Net Cash Flow Abr=$1,250-$990

Net Cash Flow Abr=$260

3) May

Net Cash Flow May=Receipts May-Expenses May

$45=Receipts May-$900

Solving for Receipts May: Adding $900 both sides of the equation:

$45+$900=Receipts May-$900+$900

$945=Receipts May

Receipts May =$945


User Peng Peng
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