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    Business
  3. Study Set
    Corporate Financial Accounting Study Set 2
  4. Exam
    Exam 7: Sarbanes-Oxley, internal Control, and Cash
  5. Question
    Consider the Cash Account Below
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Consider the Cash Account Below

Question 172

Question 172

Multiple Choice

Consider the cash account below.
Additional Information: cash disbursements were 80% of collections.
Consider the cash account below. Additional Information: cash disbursements were 80% of collections.   How much was the Beginning Balance of the Cash Account? A) $57,200 B) $92,300 C) $103,350 D) $35,100
How much was the Beginning Balance of the Cash Account?


A) $57,200
B) $92,300
C) $103,350
D) $35,100

Correct Answer:

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