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# Calculating Case Beginning Balance

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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) for Case (A), we can use the following formula: $\text{Beginning Balance} + \text{Transferred In} - \text{Transferred Out} = \text{Ending Balance}$ Given the information: - Ending Balance =$74,000 - Transferred In = $156,600 - Transferred Out =$171,600 We can substitute these values into the formula: $\text{Beginning Balance} + 156,600 - 171,600 = 74,000$ Simplify the equation: $\text{Beginning Balance} - 15,000 = 74,000$ Add 15,000 to both sides to solve for the Beginning Balance: $\text{Beginning Balance} = 74,000 + 15,000$ $\text{Beginning Balance} = 89,000$ So, the correct answer is: B. \$89,000

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

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