Business
Business, 03.09.2021 06:00, microwave13016

During the month, Bavarian Auto Co. received $379,550 in cash and paid out $320,350 in cash. a. Does this information indicate that Bavarian Auto Co. had net income of $59,200 during the month? No Net income is βœ“ the net change in all assets and liabilities from operating (revenue and expense) transactions.

b. If the balance of the cash account is $85,800 at the end of the month, what was the cash balance at the beginning of the month?​

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During the month, Bavarian Auto Co. received $379,550 in cash and paid out $320,350 in cash. a. Does...

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