Cash Disbursements
Just as we added our cash receipts to our opening balance in cash, we need to subtract the cash disbursements for the month that we have recorded. MMM had $3,762.42 in cash disbursements (Exhibit 2). To reflect this, subtract it from your opening balance on your bank reconciliation statement.
The $2,924.18 remaining is what you know your cash balance to be, according to your records, as of April 30, 2005.