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On May 31, the Cash account of Tesla had a normal balance of $5,000. During May, the account was debited for a total of $12,200

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On May 31, the Cash account of Tesla had a normal balance of $5,000. During May, the account was debited for a total of $12,200 and credited for a total of $11,500. What was the balance in the Cash account at the beginning of May? Multiple Choice O A SO balance. O A $4,300 debit balance, O A $4,300 credit balance. A $5,700 debit balance. A $5,700 credit balance. 16 24 Next > During the month of March, Harley's Computer Services made purchases on account totaling $43,500. Also during the month of March, Harley was paid $8,000 by a customer for services to be provided in the future and paid $36,900 of cash on its accounts payable balance. If the balance in the accounts payable account at the beginning of March was $77,300, what is the balance in accounts payable at the end of March? Multiple Choice $83.900 $91,900 O $6,600 $75.900. $4.900 For each of the following (1) identify the type of account as an asset, liability, equity, revenue, or expense: (2) identify the normal balance of the account, and (3) select debit (Dr.) or credit (Cr.) to identify the kind of entry that would increase the account balance, Type of Account Normal Balance Increase (Dr. or Cr.) Account a. Accounts Payable b. Consulting Revenue c. Salaries Expense d. Utilities Expense e. Prepaid Rent f. Wages Payable g. Notes Receivable h. Land 1. Cash i Legal Expense k Prepaid Insurance 1. Accounts Receivable Following are the transactions of a new company called Pose-for-Pics. Aug 1 Madison Harris, the owner, invested $12,000 cash and $51,600 of photography equipment in the company. 2 The company paid $3,800 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $2,280 cash. 20 The company received $2,250 cash in photography fees earned. 31 The company paid $876 cash for August utilities. Prepare general journal entries for the above transactions. View transaction list Journal entry worksheet

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