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On October 31,a Company's Cash Account Had a Normal Balance

Question 106

Multiple Choice

On October 31,a company's Cash account had a normal balance of $7,000.During October,the account was debited for a total of $4,250 and credited for a total of $5,340.What was the balance in the Cash account at the beginning of October?


A) $0 balance
B) $1,090 debit balance
C) $2,590 credit balance
D) $8,090 debit balance
E) $9,590 credit balance

Correct Answer:

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