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Lucky Companys controller accidentally erased the 8/1/21 balance for the Cash account. However, she can see that the 8/31/21 Cash balance is $700,000, the company
- Lucky Companys controller accidentally erased the 8/1/21 balance for the Cash account. However, she can see that the 8/31/21 Cash balance is $700,000, the company collected $1,800,000 cash during August 2021 and paid $2,000,000 cash during August 2021. What was the 8/1/21 Cash balance?
- $1,100,000
- $700,000
- $500,000
- $900,000
- Which of the following accounts is decreased with a CREDIT?
- Unearned Revenue
- Supplies
- Fees Earned
- Wages Payable
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