Post a New Question

Accounting - Cash Question

posted by .

"Compute the end-of-month balances for April, May, & June for the cash, accounts, receivable, and supplies."


So when I compute cash for May, will I start from the cash balance from April 31st? And the same thing for June, where I will start from where the cash balance was on May 31st? I am really confused. Thanks! :)


Yes, the ending balance of accounts for one period is the beginning balance for the next one.

Answer This Question

First Name
School Subject
Your Answer

Related Questions

More Related Questions

Post a New Question