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How much was the beginning balance of the cash account

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Question - Consider the following information taken from the cash account. Assume cash payments were 80% of collections.

Cash

 

??

Beginning balance

$115,375

Collections

??

Disbursements

$80,275

Ending balance

How much was the beginning balance of the cash account?

a. $103,350

b. $57,200

c. $35,100.

d. $92,300

Reference no: EM131750852

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