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The Cash account has an ending balance from the previous month of $16,800. This month the accountant posts a debit from the Cash Receipts Journal
The Cash account has an ending balance from the previous month of $16,800. This month the accountant posts a debit from the Cash Receipts Journal in the amount of $14,420 and a credit from the Cash Payments Journal for $17,250. After posting these amounts, the updated balance in the Cash account is
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