Multiple Choice
On September 30,the Cash account of Value Company had a normal balance of $5,000.During September,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 September?
A) $0 balance
B) $4,300 debit balance
C) $4,300 credit balance
D) $5,700 debit balance
E) $5,700 credit balance
Correct Answer:

Verified
Correct Answer:
Verified
Q76: _ identify and describe transactions and events
Q94: The _ is a record containing all
Q95: A company had total assets of $350,000;
Q97: On October 31,a company's Cash account had
Q98: Management Services,Inc.provides services to clients.On May 1,a
Q100: Maria Sanchez began business as Sanchez Law
Q102: The general ledger of a business:<br>A)Is a
Q103: A company paid $2,500 cash to satisfy
Q104: On November 30,a company had an Accounts
Q112: A trial balance that is in balance