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Question: chapter 2 problem 2 moon star company recognized 500 of...

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Chapter 2 Problem 2 Moon Star Company recognized $500 of revenue on account and realized $400 of cash collections. The company had accrued salary expense of $300 and invested $200 in a certificate of deposit (*). Based on this information alone, calculate the amount of cash flow (total cash) 1. () Certificate of Deposit: a certificate issued by a bank (represents cash) to a person depositing money for a specified length of time to earn higher interest.
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