Determining the balance in the cash account


On September 30, the Cash account of Value Company had a normal balance of $5,700. During September, the account was debited for a total of $12,900 and credited for a total of $12,200. What was the balance in the Cash account at the beginning of September?

A $6,400 credit balance.

A $6,400 debit balance.

A $0 balance.

A $5,000 debit balance.

A $5,000 credit balance.

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Determining the balance in the cash account
Reference No:- TGS0517303

Expected delivery within 24 Hours