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Assume the following information: 2020 2019 Assets $50 $100 Cash Liobilities Current bank loan, due on demand $50 $100 Required: Assume the loan is an
Assume the following information: 2020 2019 Assets $50 $100 Cash Liobilities Current bank loan, due on demand $50 $100 Required: Assume the loan is an integral part of cash management. Calculate the change in cash and cash equivalents during the year, and the ending balance
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