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On May 1, your firm had a beginning cash balance of $180. Your sales for April were $420 and your May sales were $470. During

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On May 1, your firm had a beginning cash balance of $180. Your sales for April were $420 and your May sales were $470. During May, you had cash expenses of $115 and payments on your accounts payable of $295. Your accounts receivable period is 30 days. What is your firm's beginning cash balance on June 1? OA) $155 OB) $190 OC) $205 OD) $215 O E) $265

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