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Fall Quiz1 2018 Fall Quiz1 You are currently viewing the student assignment preview. Fall Quiz 1 Flnancial Accounting: Master Course Fall Qulz1 2. 10.00 value: polnts Consider the following T-account for cash. Cash 13,000 4,400 3,500 ng 8,200 1,900 5,500 1. Compute the balance of the cash account. Cash account
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Answer #1
Cash balance:
Total Receipts including beginning balance 20900
(13000+4400+3500)
Less: Cash payments (8200+1900+5500) 15600
Ending balance of cash 5300
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