A Company Had a Normal $50,000 Cash Balance on Their

Multiple Choice

A company had a normal $50,000 cash balance on their adjusted trial balance.If revenues,expenses and dividends respectively were $90,000;$18,000 and $2,000 what amount of cash will be found on the post-closing trial balance?

A) $122,000 normal balance
B) $50,000 normal balance
C) $120,000 normal balance
D) $160,000 normal balance