question archive Consider the cash account below

Consider the cash account below

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Consider the cash account below.

Additional Information: cash disbursements were 80% of collections.

Cash

 

??

Beg. Balance

115,375

Collections

??

Disbursements

80,275

End Balance

 

 

 

How much was the Beginning Balance of the Cash Account?

A. $57,200

B. $92,300

C. $103,350

D. $35,100

 

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