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Gamble Company Had the Following Transactions: 1

question 26

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Gamble Company had the following transactions: 1.The owner started the company by investing $8,000 of cash.
2.The company paid $2,000 for six months of rent.The rent was paid in advance.
3.The company acquired $3,300 in inventory and put one-third of the purchase on account.The company paid $2,200 cash.
4.The company sold inventory costing $1,400 for $2,900 on account.
After all these transactions,what is the balance in the cash account?

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Definitions:

Interpersonal Charisma

The compelling attractiveness or charm an individual possesses that can inspire devotion or enthusiasm in others.

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A leadership style that emphasizes vision, personal charisma, and the ability to inspire and motivate followers towards achieving common goals.

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A level of customer service that goes significantly beyond the basic requirements, resulting in high satisfaction and loyalty.

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