A Business Ended the Year with a Cash Balance of $40

question 81

Multiple Choice

A business ended the year with a cash balance of $40 000. During the year, the following transactions took place: Assuming no other transactions took place, the cash at the beginning of the year was:

• A) $45 000.
• B) $48 000.
• C) $46 500.
• D) $35 000.

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Definitions:

Frustration

A feeling of dissatisfaction, often accompanied by anxiety or depression, resulting from unmet needs or unresolved problems.

Pain

An unpleasant sensory and emotional experience associated with actual or potential tissue damage or described in terms of such damage.

Self-awareness

The conscious knowledge of one's own character, feelings, motives, and desires, which can play a key role in personal development.

Self-conceptualization

The process by which an individual forms, defines, and perceives their own identity and characteristics.