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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Related Book For
Hospitality Management Accounting
ISBN: 9780471092223
8th Edition
Authors: Martin G Jagels, Michael M Coltman
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