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As of the beginning of the quarter, Trellis Florists has a cash balance of $420. During the quarter, suppliers are paid $840, receivables of $1,010 are collected, taxes of $260 are paid, and $55 is borrowed. What is Trellis' cash balance at the end of the quarter?
Texting While Operating
The act of sending, reading, or writing text messages on a mobile device while engaged in operating a vehicle or machinery, often illegal due to safety concerns.
Concurrent Powers
Powers that are shared by both the state and federal governments in the United States, such as the power to tax and build roads.
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An amendment to the U.S. Constitution that states powers not delegated to the United States by the Constitution, nor prohibited by it to the states, are reserved to the states respectively, or to the people.
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