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Suppose a business had $ 1 0 , 0 0 0 in its cash account. Then, the business made payments of $ 1 3 5
Suppose a business had $ in its cash account. Then, the business made payments of $ for a utility bill and paid $ for business supplies on the same day. The business only revenues for the day came from two customers who came in for consultations. The customers each paid $ cash.
Is there a debit or credit balance and what is the amount?
Credit balance$
Debit balance$
Debit balance$
Credit balance$
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