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On June 30,the Cash Account of Lutness Company Had a Normal

Question 50

Multiple Choice

On June 30,the Cash account of Lutness Company had a normal balance of $4,300.During July the account was debited for a total of $3,400 and credited for a total of $3,600.What was the balance in the Cash account on August 1?


A) $-0.
B) $4,100 debit.
C) $3,400 credit.
D) $3,400 debit.
E) $4,100 credit.

Correct Answer:

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