The Cash account balance of Eckert Enterprises at July 1 is $500.The total of the debit entries to the Cash account amounted to $1,500 and the total of the credit entries to the Cash account amounted to $1,500 during July.At the end of the month, the Cash account has a
A) $1,500 credit balance.
B) $500 debit balance.
C) $2,000 debit balance.
D) $500 credit balance.
Correct Answer:
Verified
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