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What Would Be the Account Balance in the Cash Ledger

Question 108

Multiple Choice

What would be the account balance in the cash ledger account after the following transactions?
 Owner investment $100,000 Purchased Supplies with cash $20,000 Received bill for one month of rent $2,200 Paid wages $800 Billed customer for services performed services performed $1,250\begin{array} { | l | r | } \hline \text { Owner investment } & \$ 100,000 \\\hline \text { Purchased Supplies with cash } & \$ 20,000 \\\hline \text { Received bill for one month of rent } & \$ 2,200 \\\hline \text { Paid wages } & \$ 800 \\\hline \text { Billed customer for services performed services performed } & \$ 1,250 \\\hline\end{array}


A) $124,250
B) $80,150
C) $78,250
D) $79,200
E) $80,450

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