Question: Question Completion Status: Moving to the next question prevents changes to this answer. Question 1 of 25 Question 1 4 points Save Answer The Cash
Question Completion Status: Moving to the next question prevents changes to this answer. Question 1 of 25 Question 1 4 points Save Answer The Cash account for Duisburg Company had a beginning balance of 48,000 on Jan 1. During the month, Duisburg received cash payments from its customers of 22,000 and made cash payments of 8,000 for expenses. In addition, Duisburg paid 6,000 for accounts payable of the previous month. What is the cash balance of Duisburg after all these transactions? 1. debit to equipment $1,200 and debit to supplies $400, credit cash $1,600. 2. debit to assets for $1,600 and credit to accounts payable $1,600 3. debit accounts payable $1,600 debit to equipment $1,200, debit to supplies expense $400 and credit to cash $1,600 Moving to the next question prevents changes to this answer. Question 1 of 251
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