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If the Beginning Cash Account Balance of Firefly, Inc

Question 23

Multiple Choice

If the beginning Cash account balance of Firefly, Inc. was $110,400, the ending balance was $61,200, and total cash received during the period was $264,000, what amount of cash was paid out during the period?


A) $ 313,200
B) $ 214,800
C) $ 25,800
D) $ 254,850

Correct Answer:

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