Managerial Accounting (15th Edition)

Published by McGraw-Hill Education
ISBN 10: 007802563X
ISBN 13: 978-0-07802-563-1

Chapter 14 - Statement of Cash Flows - The Foundational 15 - Required - Page 659: 2

Answer

$2000

Work Step by Step

We have the equation: Beginning balance - Debits + Credits = Ending balance 61000 - 6000 + Credits = 57000 Credits = 57000 - 61000 + 6000 Credits = 2000
Update this answer!

You can help us out by revising, improving and updating this answer.

Update this answer

After you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.