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Exercise 4-11 (Part Level Submission) The following cash T-account for Tamarisk Manufacturing summarizes all the transactions affecting cash during 2017. Cash Beginning balance Sales of
Exercise 4-11 (Part Level Submission) The following cash T-account for Tamarisk Manufacturing summarizes all the transactions affecting cash during 2017. Cash Beginning balance Sales of inventories Receivable collections Sales of long-term investments 12,500 Loan interest Issuance of common stock Long-term borrowings 25,900 6,700 9,600 2,700 16,200 4,200 Selling and administrative expenses 12,200 10,200 7,800 Inventory purchases 34,100 Accounts payable payments 38,800 Bank loan principal payments 14,800Wages 8,300 Dividend payments Equipment purchases Compute the ending cash balance Ending cash
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