Question
On September 30, the Value Company Cash account had a normal balance of $5,000. During September, the account was debited for a total of $12,200
On September 30, the Value Company Cash account had a normal balance of $5,000. During September, 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 September?
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Intermediate Accounting IFRS
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
3rd edition
1119372933, 978-1119372936
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