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    Business
  3. Study Set
    College Accounting
  4. Exam
    Exam 2: Debits and Credits: Analyzing and Recording Business Transactions
  5. Question
    The Beginning Balance in Cash Was $3,500
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The Beginning Balance in Cash Was $3,500

Question 17

Question 17

Multiple Choice

The beginning balance in Cash was $3,500.Additional cash of $2,000 was received.Checks were written totaling $2,500.The cash balance is:


A) $2,000.
B) $6,000.
C) $4,500.
D) $3,000.

Correct Answer:

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