The Beginning Balance in Cash Was $3,500

question 17

Multiple Choice

The beginning balance in Cash was $3,500.Additional cash of $2,000 was received.Checks were written totaling $2,500.The cash balance is:

• A)$2,000.
• B)$6,000.
• C)$4,500.
• D)$3,000.

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Definitions:

Wholly Integrated

Completely and seamlessly combined or unified into a whole, leaving no element disconnected or separate.

Specially Made

Refers to goods that are custom-made to the specifications of a particular buyer, often not suitable for sale to others in the ordinary course of the seller's business.

Fraud

Purposeful falsehood carried out to obtain personal advantages or to injure someone else.

Substantial Beginning

A substantial beginning refers to a significant amount of work or progress that has occurred, typically in the context of a project or endeavor.