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Consider the following information taken from the cash account. Assume cash payments were 80% of collections. Cash ?? Beginning balance $115,375 Deposits ?? Checks $80,275

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Consider the following information taken from the cash account. Assume cash payments were 80% of collections. Cash ?? Beginning balance $115,375 Deposits ?? Checks $80,275 Ending balance How much was the beginning balance of the cash account? Oa. S103.350 Ob. 35,100 Oc. 592.300 Od: $57,200

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