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12.5. 3 question 1. Carlisle Transport had $4,265 cash at the beginning of the period. During the period, the firm collected $1,842 in receivables, paid
12.5. 3 question 1.
Carlisle Transport had $4,265 cash at the beginning of the period. During the period, the firm collected $1,842 in receivables, paid $2,180 to supplier, had credit sales of $5,480, and incurred cash expenses of $500. What was the cash balance at the end of the period?
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