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(Determine Proper Cash Balance) Francis Equipment Co. closes its books regularly on December 31, but at the end of 2012 it held its cash book open so that a more favorable balance sheet could be prepared for credit purposes. Cash receipts and disbursements for the first 10 days of January were recorded as December transactions. The information is given below.
Weegy: target=_blank rel='nofollow'>https://docs.google.com/viewer?a=v&q=cache:VQ2Q4pwtP2EJ:' target=_blank rel='nofollow'>www.studentoffortune.com/question/1984323/Wileyplus/3271603-WileyWeek1.docx+%28Determine+Proper+Cash+Balance%29+Francis+Equipment+Co.+closes+its+books+regularly+on+December+31,+but+at+the+end+]] [ of+2012+it+held+its+cash+book+open+so+that+a+more+favorable+balance+sheet+could+be+prepared+for+credit+purposes.+Cash+receipts+and+disbursements+for+the+first+10+days+of+January+were+recorded+as+December+transactions.+The+information+is+given+below.&hl=en&pid=bl&srcid=ADGEESipqA2c1bfh6nReml5SCN69ZVaRfst4Dn_eBgdXfCIWr92wi9jcCeBA_6_078uR6ZF9Xgt-TCn0sojFYxQJfuzDI3G7IQKJ4IluwvfFxr_P16ofrOAwsHcI- jcEzHDoobPQzrk&sig=AHIEtbT4KYbsMagWAINgS080RXYxrifOmQ www.solutioninn.com/business/accounting/cash-and-receivables/determine-proper-cash-balance-francis-equipment-co-closes-its-books ] (More)
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Updated 4/14/2013 6:44:28 AM
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Added 4/14/2013 6:44:28 AM
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