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The beginning Cash balance was $8,000. At the end of the period, the balance was $12,000. If total cash paid out during the period was $24,000, the amount of cash receipts was OA. $28,000. OB. $32,000 OC. $44,000. OD. $36,000.

The beginning Cash balance was $8,000. At the end of the period, the balance was $12,000. If total cash paid out during the period was $24,000, the amount of cash receipts was OA. $28,000. OB. $32,000 OC. $44,000. OD. $36,000.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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comme qui The beginning Cash balance was $8,000. At the end of the period, the balance was $12,000. If total cash paid out during the period was $24,000, the amount of cash receipts was OA. $28,000. OB. $32,000. OC. $44,000. OD. $36,000. Next
Transcribed Image Text:comme qui The beginning Cash balance was $8,000. At the end of the period, the balance was $12,000. If total cash paid out during the period was $24,000, the amount of cash receipts was OA. $28,000. OB. $32,000. OC. $44,000. OD. $36,000. Next
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