Multiple Choice
In 2022, Grider Corporation had cash receipts of $56,000 and cash disbursements of $32,000.Grider's cash balance at December 31, 2022 was $78,000.What was Grider's January 1, 2022 cash balance?
A) $54,000
B) $70,000
C) $110,000
D) $102,000
Correct Answer:
Verified
Correct Answer:
Verified
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