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# "Beginning Balance Calculation for Case (A)"

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Question: Case (A) Beginning Balance ? Ending Balance $74,000 Transferred In 156,600 Transferred Out 171,600 For Case (A) above, what is the Beginning Balance (BB)? Select one: A.$59,000 B. $89,000 C.$74,000 D. $97,600 Asked by dontavias 0 Points Log In or Register to Vote To find the Beginning Balance (BB), we can use the following formula: $\text{Beginning Balance} + \text{Transferred In} = \text{Ending Balance} + \text{Transferred Out}$ Given the values: - Ending Balance (EB) =$74,000 - Transferred In (TI) = $156,600 - Transferred Out (TO) =$171,600 We need to solve for the Beginning Balance (BB). Substitute the given values into the equation: $\text{BB} + 156,600 = 74,000 + 171,600$ Simplify the right side of the equation: $\text{BB} + 156,600 = 245,600$ Subtract 156,600 from both sides to isolate BB: $\text{BB} = 245,600 - 156,600$ $\text{BB} = 89,000$ So, the correct answer is: B. \$89,000

Aug. 17, 2024, 2:31 a.m.

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