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  3. Study Set
    Fundamentals of Financial Accounting
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    Exam 2: Reporting Investing and Financing Results on the Balance Sheet
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    The Xtech Co
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The Xtech Co

Question 114

Question 114

Multiple Choice

The Xtech Co.has total debits in its cash T-account of $62,000 and total credits of $48,000.The balance in the cash T-account is a:


A) debit of $62,000.
B) debit of $14,000.
C) credit of $48,000.
D) credit of $14,000.

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