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.
Correct Answer:
Verified
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