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The Diamond Store Began Business on June 1

Question 62

Multiple Choice

The Diamond Store began business on June 1. During the month of June, Diamond had cash payments of $11,000. At the end of June, it had a $23,000 cash balance. Based on this information, the cash receipts for the month of June were:


A) $12,000.
B) $23,000.
C) $34,000.
D) $45,000.

Correct Answer:

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