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What is the final amount in Cash

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Question - Need help to find the final amount in Cash for the question.

Use T-accounts to record the starting balances and the offsetting entries for the transactions.

The starting balance of Accounts Receivable is $4,700

The starting balance of Cash is $8,400

The starting balance of Inventory is $4,200

1. Sell product for $30 in cash with historical cost of $30

2. Receive payment of $9 owed by a customer

3. Buy $15 worth of manufacturing supplies for cash

What is the final amount in Cash?

Reference no: EM132430895

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