Question

case (a) case (b) case (c) beginning balance (bb)$54,520 $16,900 $7,400 ending balance (eb) ? 13,200 14,000 transferred in (ti) 184,200 ? 88,200 transferred out (to) 182,400 111,200 ? for case (a) above, what is the ending balance (eb)?

Answer 1

The ending balance (EB) for case (a) is calculated by adding the beginning balance and the amount transferred in and then subtracting the amount transferred out. The ending balance for case (a) is $56,320.

Step-by-step explanation:

To calculate the ending balance (EB) in case (a), we need to consider the beginning balance (BB), the amount transferred in (TI), and the amount transferred out (TO). The formula to calculate the ending balance is:

EB = BB + TI - TO

For case (a), the values are:

• Beginning Balance (BB) = $54,520
• Transferred In (TI) = $184,200
• Transferred Out (TO) = $182,400

By substituting the values into the formula, we get:

EB = $54,520 + $184,200 - $182,400

EB = $56,320

Therefore, the ending balance (EB) for case (a) is $56,320.

Answer 2

Case (a):

Given:

Beginning Balance (BB): $54,520

Transferred In (TI): $184,200

Transferred Out (TO): $182,400

To find the Ending Balance (EB) for Case (a), we can use the formula:

EB = BB + TI - TO

Using the provided values:

EB = $54,520 + $184,200 - $182,400

EB = $54,520 + $184,200 - $182,400

EB = $54,520 + $1,800

EB = $56,320

Step-by-step explanation:

In Case (a), the Ending Balance (EB) is calculated by considering the beginning balance (BB), transferred in (TI), and transferred out (TO) amounts. The formula EB = BB + TI - TO is used to determine the EB for this case.

The beginning balance represents the starting amount in the account, which is $54,520. The account received a transfer in of $184,200, adding to the balance. However, there was a transfer out of $182,400 from the account during the period.

Substituting the values into the formula, we find the EB:

EB = $54,520 + $184,200 - $182,400

EB = $56,320

Therefore, the ending balance for Case (a) is $56,320. This calculation involves considering the initial balance, additional amounts transferred in, and deductions due to amounts transferred out, resulting in the final balance at the end of the specified period for this case.