The Cash T-account has a beginning balance of $21,000. During the year, $100,000 was debited and $110,000
Question:
The Cash T-account has a beginning balance of $21,000. During the year, $100,000 was debited and $110,000 was credited to the account. What is the ending balance of Cash?
a. $11,000 debit balance
b. $11,000 credit balance
c. $31,000 credit balance
d. $31,000 debit balance
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Related Book For
Financial Accounting
ISBN: 978-1259964947
10th edition
Authors: Robert Libby, Patricia Libby, Frank Hodge
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