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A Business Ended the Year with a Cash Balance of $40

Question 81

Multiple Choice

A business ended the year with a cash balance of $40 000. During the year, the following transactions took place: A business ended the year with a cash balance of $40 000. During the year, the following transactions took place: Assuming no other transactions took place, the cash at the beginning of the year was: A) $45 000. B) $48 000. C) $46 500. D) $35 000. Assuming no other transactions took place, the cash at the beginning of the year was:


A) $45 000.
B) $48 000.
C) $46 500.
D) $35 000.

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