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Business, 05.10.2019 05:10 josephmartinelli5

The following activities occurred in 2019: performed advertising services on account, $55,000. received cash payments on account, $10,400. received deposits from customers for advertising services to be performed in 2020, $2,500. made payments to suppliers on account, $5,000. incurred $45,000 of operating expenses; $39,000 was paid in cash and $6,000 was on account and unpaid as of the end of the year. what is the balance in the cash account at december 31, 2019?

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