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Analysis of Accounts Calculate the unknown amount required in each of the following five independent situations. The answer to situation (a) is given as an

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Analysis of Accounts Calculate the unknown amount required in each of the following five independent situations. The answer to situation (a) is given as an example: Account Beginning Balance Ending Balance Other Information a. Cash $7,000 $5,250 Total cash disbursed, $5,400. b. Accounts Receivable 11,000 9,300 Services on account, $16,500. C. Notes Payable 17,500 23,000 Borrowed funds by issuing a note, $30,000. d. Accounts Payable 2,500 1,720 Payments on account, $3,900. e. Stockholders' Equity 29,000 46,000 Capital Contribution, $7,000. Unknown Amounts Required a. Total cash received b. Total cash collected from credit customers $ c. Notes payable repaid during the period $ d. Good and services received from suppliers on account $ e. Net income, assuming that no dividends were paid $ $3,650 14,800 x 35,500 x 3,120 V 24,000 X

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