11. During February 2008, its first month of operations, the owner of Rutwing Enterprises invested cash of $25,000. Rutwing had cash revenues of $4,000 and paid expenses of $7,000. Assuming no other transactions impacted the cash account, what is the balance in Cash at February 28?

a. $3,000 credit

b. $22,000 debit

c. $29,000 debit

d. $18,000 credit

12. At January 31, 2008, the balance in Prieto Inc.s supplies account was $250. During February, Prieto purchased supplies of $300 and used supplies of $400. At the end of February, the balance in the supplies account should be

a. $250 debit.

b. $350 credit.

c. $950 debit.

d. $150 debit.

13. At December 1, 2008, Marco Companys accounts receivable balance was $1,200. During December, Marco had credit revenues of $5,000 and collected accounts receivable of $4,000. At December 31, 2008, the accounts receivable balance is

a. $1,200 debit.

b. $2,200 debit.

c. $6,200 debit.

d. $2,200 credit.