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17 votes
17 votes
a balance haa $5000 in cash ? but then it pays $500 cash to make a purchase adter tvis transaction is posted what is the balance in the cash t-accounta. $500 credit balanceb.$500 debit balancec $4500 credit balanced. $ 4500 debit balance

User Ajknzhol
by
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1 Answer

10 votes
10 votes

Initial balance is $5,000

Final balance is $5,000-$500=$4,500

therefore

answer is the option C

User Kjetil Klaussen
by
2.4k points
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