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The Balance Sheet for Consolidated Industrial shows the following balances: common stock = $320,000; Bonds = $280,000; unearned revenue = $160,000; accounts payable = $80,000;
The Balance Sheet for Consolidated Industrial shows the following balances: common stock = $320,000; Bonds = $280,000; unearned revenue = $160,000; accounts payable = $80,000; accounts receivable = $40,000; property plant and equipment = $920,000; inventory = $50,000; notes payable = $60,000; retained earnings = $460,000;. What must the value for Cash?
Question 18 options:
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$290,000
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$310,000
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$650,000
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$150,000
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$190,000
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