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The Diamond Store Began Business on June 1

Question 97

Multiple Choice

The Diamond Store began business on June 1.During the month of June,Diamond had cash payments of $8,000.At the end of June,it had a $20,000 cash balance.Based on this information,the cash receipts for the month of June were:


A) $12,000.
B) $20,000.
C) $28,000.
D) $36,000.

Correct Answer:

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