In the First Month of Operations the Total of the Debit

question 37

Multiple Choice

In the first month of operations the total of the debit entries to the cash account amounted to $1400 and the total of the credit entries to the cash account amounted to $800. The cash account has a(n)

• A) $800 credit balance.
• B) $1400 debit balance.
• C) $600 debit balance.
• D) $600 credit balance.