menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Fundamental Accounting Principles Study Set 6
  4. Exam
    Exam 2: Analyzing and Recording Transactions
  5. Question
    During the Month of February,Victor Services Had Cash Receipts of $7,500
Solved

During the Month of February,Victor Services Had Cash Receipts of $7,500

Question 2

Question 2

Multiple Choice

During the month of February,Victor Services had cash receipts of $7,500 and cash disbursements of $8,600.The February 28 cash balance was $1,800.What was the February 1 beginning cash balance?


A) $700.
B) $1,100.
C) $2,900.
D) $0.
E) $4,300.

Correct Answer:

verifed

Verified

Related Questions

Q2: A balanced trial balance is proof that

Q3: A double-entry accounting system is an accounting

Q8: The debt ratio of Jackson's Shoes is

Q9: Bologna Lodging had the following accounts and

Q11: A $130 credit to Supplies was credited

Q19: The ordering of accounts in a trial

Q23: On December 3, the ABBJ Company paid

Q99: An owner's withdrawal account normally has a

Q180: Posting is the transfer of journal entry

Q252: An account is a record of increases

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines