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Use the Information Given Above to Answer the Following Questions

Question 11

Multiple Choice

Use the information given above to answer the following questions:
Brownlee Ltd is a newly established retail store selling plumbing hardware. Shown below are ledger accounts in T-account form, with entries made for the first 3 months of business.
Use the information given above to answer the following questions: Brownlee Ltd is a newly established retail store selling plumbing hardware. Shown below are ledger accounts in T-account form, with entries made for the first 3 months of business. -What is the closing balance of Bank? A) $100 000 B) $131 500 C) $170 000 D) $208 500.
-What is the closing balance of Bank?


A) $100 000
B) $131 500
C) $170 000
D) $208 500.

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