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In the month of August, a firm had total cash receipts of $10,000, total cash disbursements of $8,000, depreciation expense of $1,000, and a beginning

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In the month of August, a firm had total cash receipts of $10,000, total cash disbursements of $8,000, depreciation expense of $1,000, and a beginning cash balance of $500. The ending cash balance for August totals $5,500 $3,500 $2,500 $1,500

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