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On May 1, your firm had a beginning cash balance of $140. Your sales for April were $350 and your May sales were $430. During

On May 1, your firm had a beginning cash balance of $140. Your sales for April were $350 and your May sales were $430. During May you had cash expenses of $90 and payments on your accounts payable of $260. Your accounts receivable period is 30 days. What is your firm's beginning cash balance on June 1?

A - 220

B140

C-400

d-100

E- 570

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