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The beginning-of-the-period cash balance for the Travis Company was a $14,400 debit. Cash sales for the month were $7,200 and sales on account were $9,600.
The beginning-of-the-period cash balance for the Travis Company was a $14,400 debit. Cash sales for the month were $7,200 and sales on account were $9,600. The company paid $3,000 cash for current-period purchases and also paid $3,600 cash for amounts due from last month. What is the ending debit or credit balance in the Cash account
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