Question
The cash movement during the period from 1/1/2021 to 3/31/2020 was as follows: 20000 cash purchases; Purchase of 1,800 furniture, receivables collections 45,000, payments to
The cash movement during the period from 1/1/2021 to 3/31/2020 was as follows: 20000 cash purchases; Purchase of 1,800 furniture, receivables collections 45,000, payments to 4,000 creditors, repayment of loans 14,000, machines sold 10,000: capital increase by selling 20,000 shares, payment of tax due 8,000, purchase of 13,000 cars Paying fees of 14,000; Revenue received 5000 bills discounted 3200; Profit from investments received 1200; Purchase of a 1350 insurance policy; Paying bills of exchange 6000, the balance of cash at the beginning of the period 5000; Purchase of goods on account 6000; Sales on the account were 4000, and a loan agreement was signed from Bank of Palestine in the amount of 10,000 dollar amounts, so the cash balance is at the end of the period; Is: Select one: a. $ 5,000 deficit $b. 5,750 c. 5750$ d. $ 10,000
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