Tyler, Inc.s cash balance at December 31, 2011, the end of its financial reporting year, was $155,000.
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Tyler, Inc.’s cash balance at December 31, 2011, the end of its financial reporting year, was $155,000. During 2011, cash provided by operations was $145,000, cash used in investing activities was $67,000, and cash provided by financing activities was $10,000. Calculate the amount of Tyler’s beginning cash balance at January 1, 2011.
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Related Book For
Financial and Managerial Accounting the basis for business decisions
ISBN: 978-0078111044
16th edition
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
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