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Q: Use the starting balance sheet and the list of changes to create an updated balance sheet and to answer the question. Answer Save your
Q: Use the starting balance sheet and the list of changes to create an updated balance sheet and to answer the question. Answer Save your answer Lightspeed Industries Balance Sheet As of December 31, 2019 (amounts in thousands) 2,000 Liabilities 3,500 Equity 5,500 Total Liabilities & Equity Cash 3,700 Other Assets 1,800 Total Assets 5,500 Between January 1 and March 31, 2020: 1. Other Assets do not change 2. Liabilities increase by 5400,000 3. Equity decreases by $200,000 What is the value for Cash on March 31, 2020
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