Consider the Following Information from the Cash Account

question 138

Essay

Consider the following information from the cash account. Assume cash payments were 84% of collections.How much was the beginning balance of the cash account? $$\begin{array} { | c | l | } \hline \text { Cash } & \\\hline ? ? & \text { Beg. balance } \\\hline \$ 245,000 & \text { Collections } \\\hline ? ? & \text { Disbursements } \\\hline \$ 80,275 & \text { End. bal ance } \\\hline\end{array}$$

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Definitions:

Communication Process

The series of actions or steps taken to successfully convey information or messages from a sender to a receiver.

Effective Apology

An apology that acknowledges wrongdoing, expresses remorse, and offers a genuine attempt to make amends.

Rumination

The process of continuously thinking about the same thoughts, often negative, which can affect mental health.

Self-description

An individual's narrative or explanation of their own characteristics, experiences, or identity.