Office Supplies had a normal starting balance of $95. There were debit postings of $120 and credit postings of $60 during the month. The ending balance of the account is:

Name: Office Supplies had a normal starting balance of $95. There were debit postings of $120 and credit postings of $60 during the month. The ending balance of the account is:
Brand: Quizplus
Rating: 4.9 (53 reviews)

Question

Quizplus · Accepted Answer

The ending balance is calculated as the starting balance plus debits minus credits: $95 + $120 - $60 = $155 debit.

Office Supplies Had a Normal Starting Balance of $95