Question: help me answer this please i have 30 min until the deadline 2. During June 2020, its first month of operations, the owner of Kalio
2. During June 2020, its first month of operations, the owner of Kalio Company invested cash of $75,000. Kalio had cash revenues of $12,000 and paid expenses of $21,000. Assuming no other transactions impacted the cash account, what is the balance in Cash ? * (1.5 Points) a. $9,000 credit b. $66,000 debit C. $87,000 debit d. $54,000 credit
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
