Multiple Choice
The Lion Corp has the following information in regard to its Cash account for the month of August.The account had a normal balance of $25,000 on August 1.During August,it had three debit entries totaling $100,000.The balance in the Cash account on August 31 was $45,000.What was the total of the credit entries to the Cash account during the month of August?
A) $20,000
B) $45,000
C) $80,000
D) $120,000
Correct Answer:

Verified
Correct Answer:
Verified
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