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Poor Company Ltd Made These Estimates for the Six Months

Question 32

Multiple Choice

Poor Company Ltd made these estimates for the six months ending 30 September 2013,its first period of operation.
Estimated:
Poor Company Ltd made these estimates for the six months ending 30 September 2013,its first period of operation. Estimated:   The estimated cash balance at 30 September 2013 is: A) $5000 deficit B) $5000 surplus C) $2500 deficit D) $2500 surplus
The estimated cash balance at 30 September 2013 is:


A) $5000 deficit
B) $5000 surplus
C) $2500 deficit
D) $2500 surplus

Correct Answer:

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