Beginning and ending Cash account balances were $7,000 and $16,000 respectively. If total cash paid out during the period was $15,000, what amount of cash was received during the period?
A) $20,000
B) $18,000
C) $12,000
D) $24,000
E) None of the above.

Question

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The Answer of Beginning and ending Cash account balances were $7,000 and $16,000 respectively. If total cash paid out during the period was $15,000, what amount of cash was received during the period?
A) $20,000
B) $18,000
C) $12,000
D) $24,000
E) None of the above.

Beginning and Ending Cash Account Balances Were $7,000 and $16,000