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During the month of February, Hoffer Company had cash receipts of $7,500 and cash disbursements of $8,600. The February 28 cash was $1,800. What was the January 31 beginning cash balance?
A. $700.
B. $1,100.
C. $2,900.
D. $0.
E. $4,300
Accounting Basics, Accounting
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