Multiple Choice
On May 31, the Cash account of Bottle's R US had a normal balance of $5,000. During May, the account was debited for a total of $12,200 and credited for a total of $11,500. What was the balance in the Cash account at the beginning of May?
A) A $4,300 debit balance.
B) A $4,300 credit balance.
C) A $5,700 credit balance.
D) A $5,700 debit balance.
E) A $0 balance.
Correct Answer:
Verified
Correct Answer:
Verified
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