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Consider the Cash Account Below

question 49

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Consider the cash account below. Additional Information: cash disbursements were 80% of collections.
Consider the cash account below. Additional Information: cash disbursements were 80% of collections.    How much was the Beginning Balance of the Cash Account? A)  $57,200 B)  $92,300 C)  $103,350 D)  $35,100
How much was the Beginning Balance of the Cash Account?


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