Multiple Choice
In the first month of operations, the total of the debit entries to the Cash account amounted to $7,000 and the total of the credit entries to the Cash account amounted to $4,000.At the end of the month, the Cash account has a
A) $4,000 credit balance.
B) $7,000 debit balance.
C) $3,000 debit balance.
D) $3,000 credit balance.
Correct Answer:
Verified
Correct Answer:
Verified
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