Consider the following T-account for cash.

Cash
12,200	7,400
3,600	1,500
2,700	4,700

1. Compute the balance of the cash account.

From the following cash transactions, check all that would have resulted in the $3,600 posting to the account. (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.)

check all that apply 1

• Receiving cash from customersunanswered
• Issuing stockunanswered
• Borrowing moneyunanswered
• Selling assetsunanswered
• Repayment of debtunanswered
• Paying cash for rent

From the following cash transactions, check all that would have resulted in the $1,500 posting to the account. (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.)

check all that apply 2

• Paying cash for suppliesunanswered
• Paying cash for utilitiesunanswered
• Repayment of debtunanswered
• Paying cash for rentunanswered
• Paying cash for equipmentunanswered
• Paying cash for employee salariesunanswered
• Payment of dividendsunanswered
• Selling assets