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On September 30,the Cash Account of Value Company Had a Normal

Question 99

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:

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