Question

On May 31, the Cash account of Teasel had a normal balance of $5,700. During May, the account was debited for a total of $12,900 and credited for a total of $12,200. What was the balance in the Cash account at the beginning of May

Answer 1

$6,400

Step-by-step explanation:

Cash Account

Debit :

Beginning Balance $5,700

Receipts $12,900

Totals $18,600

Credit :

Payments $12,200

Ending Balance (Balancing figure) $6,400

Totals $18,600