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Beginning and Ending Cash Account Balances of Crossbow, Inc

Question 61

Multiple Choice

Beginning and ending Cash account balances of Crossbow, Inc. were $14,000 and $32,000 respectively. If total cash paid out during the period was $30,000, what amount of cash was received during the period?


A) $ 24,000
B) $ 48,000
C) $ 40,000
D) $ 36,000

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