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In the First Month of Operations for Pendleton Industries the Total

question 111

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In the first month of operations for Pendleton Industries the total of the debit entries to the cash account amounted to $33000 ($13000 investment by the owner and revenues of $20000) . The total of the credit entries to the cash account amounted to $21000 (purchase of equipment $8000 and payment of expenses $13000) . At the end of the month the cash account has a(n)


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