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cash account balance during the month, bavarian auto co. received $435,050 in cash and paid...

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Accounting

Cash account balance During the month, Bavarian Auto Co. received $435,050 in cash and paid out $367,200 in cash. a. Does this information indicate that Bavarian Auto Co. had net income of $67,850 during the month? Net income the net change in all assets and liabilities from operating (revenue and expense) transactions. b. If the balance of the cash account is $98,300 at the end of the month, what was the

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