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-S-ACC100 202060 SMI.. QUESTION COMPLETION STATUS: Question 13 Sharpe Ltd made these estimates for the...

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-S-ACC100 202060 SMI.. QUESTION COMPLETION STATUS: Question 13 Sharpe Ltd made these estimates for the six months ending 31 December. Estimates: Cash receipts from services provided $60 000 Cash payments for expenses, including rent paid in advance ($3 000) $43 000 Purchase of equipment ($1 500 will not be paid until February) $20 000 Depreciation of equipment$ 4 000 Borrowings $15 000 The cash balance at 1 July is $13 000. The estimated cash balance at 31 December is: deficit of $15 000 surplus of $13 500 surplus of $11 000. surplus of $26 500 Moving to another question will save this response. F3 F4 F6 F8 (so

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