The Lion Corp Has the Following Information in Regard to Its

question 33

Multiple Choice

The Lion Corp has the following information in regard to its Cash account for the month of August.The account had a normal balance of $25,000 on August 1.During August,it had three debit entries totaling $100,000.The balance in the Cash account on August 31 was $45,000.What was the total of the credit entries to the Cash account during the month of August?

• A) $20,000
• B) $45,000
• C) $80,000
• D) $120,000