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Beginning and Ending Cash Account Balances of Firefly, Inc

Question 77

Multiple Choice

Beginning and ending Cash account balances of Firefly, Inc. were $42,000 and $96,000 respectively. If total cash paid out during the period was $90,000, what amount of cash was received during the period?


A) $ 108,000
B) $ 72,000
C) $ 144,000
D) $ 120,000

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