The T account for Cash has the following transactions Debit for cash sales of $70,000, credit for the purchase of equipment for $10,000, and credit for payment of rent for $2,000 Given this information, what is the ending balance in the Cash T Account O S78,000 $92,000 $12,000 $58,000 The T accoun...

The T-account for Cash has the following transactions: Debit for cash sales of $70,000, credit for...

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The T-account for Cash has the following transactions: Debit for cash sales of $70,000, credit for...

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