On March 1, the cash account balance in the ledger was $20,000. During March, cash receipts totaled $60,000 were journalized and posted to the ledger During March, cash payment of $30,000 were journalized and posted to the ledger. What was the cash account balance in the ledger on March 31 after the posting? O $80,000 debit O$50,000 debit $80,000 credit O $50,000 credit 1