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A) At May 1, Ivanhoe Inc. reported at Cash account balance of $2100. During the month, the total of the debit entries to the Cash

A) At May 1, Ivanhoe Inc. reported at Cash account balance of $2100. During the month, the total of the debit entries to the Cash account amounted to $2400 and the total of the credit entries to the Cash account amounted to $1500. At the end of May, Ivanhoe Cash account has a

$4500 debit balance.

$1500 debit balance.

$3000 debit balance.

$1500 credit balance.

B).

On June 1, 2022, Vaughn Manufacturing reported a cash balance of $42840. During June, Vaughn made deposits of $16320 and made disbursements totaling $48960. What is the cash balance at the end of June?

$6120 credit balance

$10200 debit balance

$10200 credit balance

$59160 debit balance

C)

At January 1, 2022, Splish Brothers Inc. reported Retained Earnings of $420000. During 2022, Splish had a net loss of $90000 and paid dividends to the stockholders of $60000. At December 31, 2022, the balance in Retained Earnings is

$360000 credit.

$270000 credit.

$420000 debit.

$330000 debit.

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