Question
On its 2018 Statement of Cash Flows, a company showed cash inflow from operations $50,000; cash outflow from investing activities $30,000; cash inflow from financing
On its 2018 Statement of Cash Flows, a company showed cash inflow from operations $50,000; cash outflow from investing activities $30,000; cash inflow from financing activities $100,000. If Jackson's ending cash was $400,000, what was its beginning cash balance?
a. $400,000
b. $520,000
c. $280,000
d. $120,000
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Internal Audit Quality Developing A Quality Assurance And Improvement Program
Authors: Sally-Anne Pitt
1st Edition
1118715519, 978-1118715512
