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Use the information below to answer the following questions What is the balance of ...

Use the information below to answer the following questions
Period 1 N
Cash to petty cashier 1000
Petty cashier pays out 780
Period 2
Petty cashier pays out 840






What is the balance of cash with the petty cashier at the end of period 1?

A. 220
B. 780
C. 980
D. 1780




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