Valley Farm Supply Started the Period with $80,000 Cash

question 107

Multiple Choice

Valley Farm Supply started the period with $80,000 cash.Cash receipts for January were expected to total $350,000.Cash disbursements for January were expected to be $290,000.What is the expected cash balance at the end of January?

• A) $290,000
• B) $350,000
• C) $80,000
• D) $140,000

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