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Using the Following Transactions,calculate (A)the Ending Balance of Cash,(B)the Ending

Question 121

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Using the following transactions,calculate (A)the ending balance of Cash,(B)the ending balance of Accounts Receivable,(C)total liabilities,and (D)Owner's Equity at the end of the period.For parts a,b,and d,indicate whether each balance is debit or credit.

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a.Opened business by investing $50,000 i...

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