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Forest Company had the following transactions during the month of December. What is the December 31 cash balance? Transaction table Transaction Amount Cash sales $2,070
Forest Company had the following transactions during the month of December. What is the December 31 cash balance? Transaction table Transaction Amount Cash sales $2,070 Payments for inventory 1,941 Investments by owners 2,323 Supplies used 282 Cash withdrawals (dividends) 427 Inventory received 3,528 Wages paid 3,307 Cash balance, December 1 5,208
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Financial Accounting
Authors: Belverd E. Needles Jr,, Marian Powers
8th Edition
0618310746, 978-0618310746
