Question

1.

	Case (A)				Case (B)				Case (C)
Beginning Balance (BB)		64,800			$	59,840				?
Ending Balance (EB)		61,300				?				13,800
Transferred In (TI)		189,100				79,530				65,200
Transferred Out (TO)		?				76,420				67,300

For Case (A) above, what is the Transferred-Out (TO)?

a.$185,600.

b.$192,600.

c.$126,100.

d.$178,890.

2.

	Case (A)				Case (B)				Case (C)
Beginning Balance (BB)		64,800			$	59,840				?
Ending Balance (EB)		61,300				?				13,800
Transferred In (TI)		189,100				79,530				65,200
Transferred Out (TO)		?				76,420				67,300

For Case (B) above, what is the Ending Balance (EB)?

a.$139,300.

b.$136,260.

c.$62,950.

d.$56,730.

3.

	Case (A)				Case (B)				Case (C)
Beginning Balance (BB)	$	43,520			$	15,800			$	6,300
Ending Balance (EB)		?				12,100				12,900
Transferred In (TI)		173,200				?				76,100
Transferred Out (TO)		171,400				100,200				?

For Case (A) above, what is the Ending Balance (EB)?

a.$41,820.

b.$43,520.

c.$41,720.

d.$45,320.

Answer 1

1. Transferred out for Case A = Beginning balance + Transferred in - Ending balance

= $64,800 + $189,100 - $61,300

= $192,600

2. Ending balance for Case B = Beginning balance + Transferred in - Transferred out

= $59,840 + $79,530 - $76,420

= $62,950

3. Ending balance for Case A = Beginning balance + Transferred in - Transferred out

= $43,520 + $173,200 - $171,400

= $45,320