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Homework answers / question archive / Carlisle Transport had $4,982 cash at the beginning of the period
Carlisle Transport had $4,982 cash at the beginning of the period. During the period, the firm collected $1,725 in receivables, paid $1,832 to supplier, had credit sales of $6,509, and incurred cash expenses of $500. What was the cash balance at the end of the period?
| Beginning Cash Balance | 4982 |
| Add : Collection from Receivable | 1725 |
| Less: Payment to suppliers | (1832) |
| Less : Cash expense | (500) |
| Ending cash balance | 4375 |
