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salire 13,000 430 104 11:04 Knowledge Check 01 The Cash T-account had a beginning balance of $1.000, debits during the period
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Answer #1

As you know from basics of cash flow, debits means the receipt of cash and credits means the payments. So the answer is as follows,

Ending cash balance = beginning cash balance + debits during the year - credits during the year

That is, 1,000 + 10,000 - 6,000 = 5,000.

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