Question
In 2022, Novak Corp. had cash receipts of $ 68320 and cash disbursements of $ 39040 . Novak's cash balance at December 31, 2022 was
In 2022, Novak Corp. had cash receipts of $68320 and cash disbursements of $39040. Novak's cash balance at December 31, 2022 was $95160. What was Novak's January 1, 2022 cash balance?
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Financial Accounting Tools for Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
5th Edition
9781118560952, 1118560957, 978-0470239803
