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In 2014 Grider Corporation Had Cash Receipts of $35,000 and Cash

Question 148

Multiple Choice

In 2014 Grider Corporation had cash receipts of $35,000 and cash disbursements of $20,000. Grider's ending cash balance at December 31, 2014 was $55,000. What was Grider's beginning cash balance?


A) $40,000
B) $50,000
C) $75,000
D) $70,000

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