Question
GHILtdreportedthefollowingfinancialinformationfortheyearendedDecember31st, 2023: Cashfromoperatingactivities:$150,000 Cashfrominvestingactivities:($80,000) Cashfromfinancingactivities:$30,000 Beginningcashbalance:$100,000Calculatetheendingcashbalance.
GHI Ltd reported the following financial information for the year ended December 31st, 2023:
Cash from operating activities: $150,000
Cash from investing activities: ($80,000)
Cash from financing activities: $30,000
Beginning cash balance: $100,000 Calculate the ending cash balance.
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Survey of Accounting
Authors: Thomas Edmonds, Christopher Edmonds, Philip Olds, Frances McNair, Bor Yi Tsay
5th edition
1259631125, 978-1259631122
