If the Opening Balance of Cash for One Month Is

question 74

Multiple Choice

If the opening balance of cash for one month is $20 000, cash receipts are estimated to be $398 000 and cash payments are estimated as $300 000, the opening cash balance at the beginning of the next month is:

• A)$118 000
• B)$109 000
• C)$69 000
• D)Cannot be calculated

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Definitions:

Diethylstilbestrol

A synthetic estrogen that was prescribed between the 1940s and 1971 to prevent pregnancy complications, later found to cause cancer and other significant health issues.

Teratogens

Agents or factors that can cause malformation or defects in the developing embryo or fetus.

Blastocyst

An early stage of embryonic development characterized by a fluid-filled structure that, after implantation in the uterus, develops into the embryo and placenta.

Endoderm

The innermost layer of cells or tissue of an embryo in early development, which gives rise to the lining of the digestive and respiratory systems.