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Rapid Delivery Company had a beginning normal balance of $55,000 in the cash account. The accountant posted a $6,000 credit on May 3, a $750
Rapid Delivery Company had a beginning normal balance of $55,000 in the cash account. The accountant posted a $6,000 credit on May 3, a $750 credit on June 4, and a $8,150 debit on June 30. What is the balance of cash in the general ledger?
a. $6,750 credit
b. $56,400 debit
c. $63,150 debit
d. $49,000 credit
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