# Course: ACCT 209: Survey ( | D paid a cash dividend Bing x | b M) mbc 18 ebapps/ubsh-Iti-integration-BBLEARN//app/content/launchHandler?course_id-_132178 owered by Bb eCampus ePortfolios Community Content Collection N Assignment 2 Ul Analysis of Accounts Calculate the unknown amount required in each of the following five independent situations. The answer to situation (a) is given as an illustration: Ending Balance Beginning Other Information Account Balance \$7,000 9,000 Total cash disbursed, \$5,400. Services on account, \$16,500. Borrowed funds by issuing a note a. Cash \$5,250 Accounts Receivable b. 9,300 20,000 17,500 2,500 29,000 c. Notes Payable \$30,000. d. Accounts Payable 1.720 Payments on account, \$2,900 Stockholders' Equity e. 46,000Capital Contribution, \$5,000. Unknown Amounts Required Total cash received \$3,650 a.

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter10: Stockholder's Equity
Section: Chapter Questions
Problem 93.2C
Topic Video
Question

I am not exactly sure what this question is asking me to do. The attached image is the information that is given to me. Below are the questions that I need to solve. The answer to question A is 3,650. That was given to me in the problem.

Unknown Amounts Required
b. Total cash collected from credit customers
c. Notes payable repaid during the period
d. Good and services received from suppliers on account
e. Net income, assuming that no dividends were paid

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