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In 2014 Grider Corporation Had Cash Receipts of $56,000 and Cash

Question 143

Multiple Choice

In 2014 Grider Corporation had cash receipts of $56,000 and cash disbursements of $32,000. Grider's ending cash balance at December 31, 2014 was $88,000. What was Grider's beginning cash balance?


A) $64,000
B) $80,000
C) $120,000
D) $112,000

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