Question
Consider the following T-account for cash. Cash Cash account 13,000 4,400 3,500 8,200 1,900 5,500 1. Compute the balance of the cash account. 2.
Consider the following T-account for cash. Cash Cash account 13,000 4,400 3,500 8,200 1,900 5,500 1. Compute the balance of the cash account. 2. Specify which of the following cash transactions would have resulted in the $4,400 posting to the account. (You may select more than one answer. Single click the box with a check mark for correct answers and double click to empty the box for the wrong answers.) 7 Receiving cash from customers 7 Issuing stock 7 Borrowing money 7 Selling assets Repayment of debt 7 Paying cash for rent 3. Specify which of the following cash transactions would have resulted in the $1,900 posting to the account. (You may select more for the wrong than one answer. Single click the box with a check mark for correct answers and double click to empty the box answers.) 7 Paying cash for supplies 7 Paying cash for utilities Repayment of debt Paying cash for rent 7 Paying cash for equipment 7 Paying cash for employee salaries 7 Payment of dividends 7 Selling essets
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