What Would Be the Account Balance in the Cash Account

question 69

Multiple Choice

What would be the account balance in the Cash account after the following transactions, assuming a zero beginning balance?

• A)$124,250
• B)$80,150
• C)$78,250
• D)$79,200
• E)$80,450

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Definitions:

World War

World War usually refers to one of the two global military conflicts of the 20th century, either from 1914 to 1918 or from 1939 to 1945, involving many of the world's nations.

Marcus Garvey

A prominent Jamaican political leader, publisher, journalist, entrepreneur, and orator who was a staunch proponent of the Black nationalism and Pan-Africanism movements in the early 20th century.

Black Star Steamship

This term does not refer to a widely recognized entity or concept in historical or contemporary discourse, suggesting it may be incorrectly specified or require clarification. NO.

Universal Negro Improvement Association

An organization founded by Marcus Garvey in the early 20th century, aimed at promoting African American racial pride, economic self-sufficiency, and the formation of an independent black nation in Africa.