Consider the following information taken from the cash account. Assume cash payments were 80% of collections.
Cash
?? Beginning balance
$115,375 Collections
?? Disbursements
$80,275 Ending balance
How much was the beginning balance of the cash account?

Consider the following information taken from the cash account Assume cash payments were 80 of collections Cash Beginning balance 115375 Collections Disbursemen class=

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