To a business, ____________________ includes currency, coins, ...

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To a business, ___________________ _ includes currency, coins, checks received from customers, money orders, and bank cashier's checks.
 Fill in the blank(s) with correct word

Question 2

A company, using the periodic inventory system, has merchandise inventory costing 210 on hand at the beginning of the period. During the period, merchandise costing 635 is purchased. At year-end, merchandise inventory costing 160 is on hand. The cost of merchandise sold for the year is
 a. 795
  b. 685
  c. 265
  d. 635

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Answer to Question 1

cash

Answer to Question 2

b