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After posting the journal entries to the ledger, what is the balance of the Cash account? A. Debit $4,056.82 C. Credit $1,042.92 B. Credit $3,013.90 D. Debit $3,013.90
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3 votes
After posting the journal entries to the ledger, what is the balance of the Cash account?

A. Debit $4,056.82 C. Credit $1,042.92
B. Credit $3,013.90 D. Debit $3,013.90

User Seereddi Sekhar
by
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1 Answer

5 votes
Debits leave the account, credits go in.

It would depend but the starting balance is. When you use those numbers specifically your ending balance would be D. But there is missing information.
User Bakatrouble
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8.1k points
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