Multiple Choice
In the first month of operations, the total of the debit entries to the cash account amounted to $1,200 and the total of the credit entries to the cash account amounted to $800. The cash account has a(n)
A) $800 credit balance.
B) $1,200 debit balance.
C) $400 debit balance.
D) $400 credit balance.
Correct Answer:
Verified
Correct Answer:
Verified
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