A business using the cash basis of accounting cannot locate all of its records for a given

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A business using the cash basis of accounting cannot locate all of its records for a given month of operations. Beginning cash was $14,840 and ending cash was $11,320. Cash payments of $148,000 were verified from vendor receipts. The amount of cash sales is unknown. Determine unknown cash sales revenue.

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Hospitality Management Accounting

ISBN: 9780471092223

8th Edition

Authors: Martin G Jagels, Michael M Coltman

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