Accounting Knowledge Concepts

Accounting Knowledge Concepts

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19/05/2026

CASH FLOW

Opening cash $50,000
Inflows $120,000
Outflows $90,000

Closing cash

A $60,000
B $70,000
C $80,000
D $90,000

18/05/2026

PAYROLL

Gross salary $5,000
Tax $500
Pension $300

Net pay

A $4,000
B $4,100
C $4,200
D $4,300

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