Consider the Following Information Taken from the Cash Account How Much Was the Beginning Balance of the Cash Account

question 98

Multiple Choice

Consider the following information taken from the cash account.Assume cash payments were 80% of collections.
$\begin{array}{|c|l|}\hline \text { Cash } & \\\hline ? ? & \text { Beg. balance } \\\hline \$ 115,375 & \text { Collections } \\\hline ? ? & \text { Disbursements } \\\hline \$ 80,275 & \text { End balance } \\\hline\end{array}$
How much was the beginning balance of the cash account?

• A)$57,200
• B)$92,300
• C)$103,350
• D)$35,100

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Definitions:

State-dependent Memory

The phenomenon where information learned in a particular state of mind is more easily recalled when in that same state.

Encoding Strategies

Techniques used to process and store information in memory more effectively.

Cues in Retrieval

Stimuli or signals that help bring a memory or piece of information to mind, facilitating the process of recalling information.

Cue-dependent Forgetting

The failure to recall information without memory cues, suggesting that the information is not lost but cannot be retrieved.