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Calculator Consider the following information taken from the cash account. Assume cash payments were 80% of collections. Cash Beginning balance Collections Disbursements ?? $115,375 2?

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Calculator Consider the following information taken from the cash account. Assume cash payments were 80% of collections. Cash Beginning balance Collections Disbursements ?? $115,375 2? Ending balance $80,275 How much was the beginning balance of the cash account? a. $103,350 b. $92,300 c. $35,100 d. $57,200

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