A company engaged in the following transactions: Dec. 1 Performed services for cash, $750. 1 Paid expenses
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A company engaged in the following transactions:
Dec. 1 Performed services for cash, $750.
1 Paid expenses in cash, $550.
2 Performed services on credit, $900.
3 Collected on account, $600.
4 Incurred expenses on credit, $650.
5 Paid on accounts,$350.
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The cash balance after these transactions is 450 The amount still to be received the ba...View the full answer
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