The following transactions for the month of March have been journalized and posted to the proper accounts.

What is the balance in Cash on March 6?

Question

The following transactions for the month of March have been journalized and posted to the proper accounts.

What is the balance in Cash on March 6?

Quizplus · Accepted Answer

B)Cash is increased by the March 1 transaction of $7,000 and the March 6 amount of $7,800 and decreased by the March 2 payment of $700,March 3 payment of $3,000,and March 4 payment of $700 for a final cash balance of $10,400.

The Following Transactions for the Month of March Have Been