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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

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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

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