On June 30, the Cash Account of Lutness Company Had

question 43

Multiple Choice

On June 30, the Cash account of Lutness Company had a normal balance of $4,300.During July the account was debited for a total of $3,400 and credited for a total of$3,600. What was the balance in the Cash account on August 1?

• A)$3,400 debit.
• B)$3,400 credit.
• C)$4,100 credit.
• D)$-0.
• E)$4,100 debit.

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