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BE8-12 Quirk Company has the following cash balances: Cash in Bank $15,742

Price: $1.99


BE8-12 Quirk Company has the following cash balances: Cash in Bank $15,742, Payroll Bank
Account $6,000, and Plant Expansion Fund Cash $25,000. 

Explain how each balance should be reported on the balance sheet.
Posted by Accountingtutorials

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