![To find the beginning balance (BB) for Case (A), you can use the following equation based on the information provided:
\[ \text{BB} + \text{Transferred In} - \text{Transferred Out} = \text{Ending Balance} \]
Plugging in the values:
\[ \text{BB} + 156,600 - 171,600 = 74,000 \]
Now, solve for BB:
\[ \text{BB} - 15,000 = 74,000 \]
\[ \text{BB} = 74,000 + 15,000 \]
\[ \text{BB} = 89,000 \]
Option B: $89,000 is the correct answer.](https://theinternetioimages-f2htc2ggcrath6d7.z01.azurefd.net/$web/askai/ef7b6db5-8ec8-4b35-a418-172f7baadbe0.webp)
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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
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
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