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CP 14-5 Assume the following information: 2020 2019 Assets Cash $100 $50 Liabilities Current bank loan, due on demand $100 $50 Required: Assume the loan

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CP 14-5 Assume the following information: 2020 2019 Assets Cash $100 $50 Liabilities Current bank loan, due on demand $100 $50 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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