What is the balance

Question

A bookstore started the year with cash balance of $27.62 If the reciepts for September were $321.72 and the expenditures were $328.18 what was the balance at the end of September?

Answer 1

To the start of year (academic year, sept 1) balance of $27.62, add the September proceeds ($321.72) and subtract the expenditures ($328.18), giving the balance at the end of that first month of the school year.