Most items on a balance sheet are summaries of more detailed accounts. For example, the cash is

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Most items on a balance sheet are summaries of more detailed accounts. For example, the cash is probably located in a number of separate bank accounts, in cash registers, and in petty cash boxes. The total of all the cash is $ , rounded to the nearest thousand dollars.

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Essentials Of Accounting

ISBN: 9780273771463

11th International Edition

Authors: Leslie K. Breitner

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