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1 -n 5 125,000 ed 60,000 out of X Co reports: Cash Inflows from operating activities Cash outflows from investing activities Cash inflows from financing

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1 -n 5 125,000 ed 60,000 out of X Co reports: Cash Inflows from operating activities Cash outflows from investing activities Cash inflows from financing activities ending cash balance What is x co, Beginning cash balance? 70,000 question 200,000 Select one: a. 50,000 b. 40,000 C. 65,000 d. 70,000 6 XYZ Company recorded journal entries for cash sales of $110,000, the $64,000 decrease in accounts receivable for cash collection, and the purchase of equipment cash for $42,000. What net effect do these entries have on assets ? out of question Select one: a. Increase of $110,000 b. increase of $88,000. c. Decrease of $46,000 d. increase of $152,000. on 7 the normal balance of income is debit ed Select one: O True Tout of O False

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