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What is the cash balance of Duisburg

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Question - The Cash account for Duisburg Company had a beginning balance of €48,000 on Jan 1. During the month, Duisburg received cash payments from its customers of €22,000 and made cash payments of €8,000 for expenses. In addition, Duisburg paid €6,000 for accounts payable of the previous month. What is the cash balance of Duisburg after all these transactions?

Reference no: EM132514301

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