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Time Remaining 1 hour 52 minutes 25 seconds 01:52:25 Item 2 Item 2 Time Remaining 1 hour 52 minutes 25 seconds 01:52:25 Wilson Company had
Time Remaining 1 hour 52 minutes 25 seconds
01:52:25
Item 2
Item 2
Time Remaining 1 hour 52 minutes 25 seconds
01:52:25
Wilson Company had the following cash balance items listed in its trial balance at 12/31/2021:
Peterson Savings and Loan: | $ | 65,000 | |
Right Bank: | (12,500 | ) | |
Clinton County Trust Bank: | 25,000 | ||
If Wilson reports under U.S. GAAP, its 12/31/2021 balance sheet would show what cash balance?
A. -12,500
B. 77,500
C. 90,000
D. None
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