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Beginning and Ending Cash Account Balances of Firefly, Inc

Question 31

Multiple Choice

Beginning and ending Cash account balances of Firefly, Inc. were $57,000 and 24,000, respectively. If total cash received during the period was $111,000, what amount of cash was paid out during the period?


A) $159,000
B) $144,000
C) $ 90,000
D) $138,000

Correct Answer:

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