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In the First Month of Operations, the Total of the Debit

Question 134

Multiple Choice

In the first month of operations, the total of the debit entries to Three Sisters Company's cash account amounted to $1,000. The credit entries to the cash account totaled $300. At the end of the month, the cash account has a(n)


A) $300 credit balance.
B) $700 debit balance.
C) $1,300 debit balance.
D) $700 credit balance.

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