Questions: For Case (C) above, what is the Beginning Balance (BB) ?
Multiple Choice
12,120
14,340
2,160
16,500
Transcript text: For Case $(\mathrm{C})$ above, what is the Beginning Balance $(\mathrm{BB})$ ?
Multiple Choice
$\$ 12,120$
$\$ 14,340$
$\$ 2,160$
$\$ 16,500$
Solution
Solution Steps
To find the Beginning Balance (BB) for Case (C), we can use the formula:
\[ \text{BB} = \text{EB} + \text{TO} - \text{TI} \]
However, since the Ending Balance (EB), Transferred In (TI), and Transferred Out (TO) for Case (C) are not provided, we cannot directly calculate it. Therefore, we will focus on solving the first three questions related to Cases (A) and (B).
For Case (A), calculate the Transferred Out (TO) using the formula:
\[ \text{TO} = \text{BB} + \text{TI} - \text{EB} \]
For Case (B), calculate the Ending Balance (EB) using the formula:
\[ \text{EB} = \text{BB} + \text{TI} - \text{TO} \]
Step 1: Calculate Transferred Out for Case (A)
For Case (A), we use the formula for Transferred Out (TO):