The Cash account has a $15,000 debit balance. A $5,000 credit entry and a $7,000 debit entry are posted to the account. The final balance of the Cash account is:

Name: The Cash account has a $15,000 debit balance. A $5,000 credit entry and a $7,000 debit entry are posted to the account. The final balance of the Cash account is:
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Question

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The initial balance is a $15,000 debit. Adding a $7,000 debit increases the balance to $22,000. Subtracting a $5,000 credit reduces it to a $17,000 debit balance.

The Cash Account Has a $15,000 Debit Balance