Multiple Choice
In the first month of operations, the total of the debit entries to the cash account amounted to $700 and the total of the credit entries to the cash account amounted to $500. The cash account has a
A) $500 credit balance.
B) $700 debit balance.
C) $200 debit balance.
D) $200 credit balance.
Correct Answer:
Verified
Correct Answer:
Verified
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