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What would be the account balance in the Cash account after the following transactions, assuming a zero beginning balance? Owner invested cash. $112,000 Purchased supplies
What would be the account balance in the Cash account after the following transactions, assuming a zero beginning balance? |
Owner invested cash. | $112,000 |
Purchased supplies with cash. | $25,600 |
Received bill for one month of rent. | $2,760 |
Paid wages. | $1,040 |
Billed customer for services performed services performed. | $1,650 |
A. | $85,360 |
B. | $86,470 |
C. | $143,050 |
D. | $84,250 |
E. | $87,010 |
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