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The Account "Cash" Began with a Zero Balance and Then

Question 83

Multiple Choice

The account "Cash" began with a zero balance and then had the following changes: increase of $280, decrease of $90, increase of $125 and a decrease of $40. The final balance is a:


A) debit balance of $275.
B) credit balance of $275.
C) debit balance of $405.
D) credit balance of $130.

Correct Answer:

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