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The beginning balance in cash was $100,000. The beginning balance in accounts receivable was $50,000 and the ending balance was $45,000. The beginning balance in
The beginning balance in cash was $100,000. The beginning balance in accounts receivable was $50,000 and the ending balance was $45,000. The beginning balance in wages payable was $40,000 and the ending balance in wages payable was $41,000. During the year the company had credit sales of $120,000 and wage expense of $48,000. What was the ending cash balance
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