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The ledger account for Cash consists of a beginning balance of $70,000 on January 1 and two debit postings; one on January 12 for $4,000,

The ledger account for Cash consists of a beginning balance of $70,000 on January 1 and two debit postings; one on January 12 for $4,000, and the other on January 23 for $9,000. What is the Cash balance at January 31?

  1. $57,000 credit
  2. $75,000 debit
  3. $65,000 debit
  4. $83,000 debit

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