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10 December, 09:46

What would be the cash balance in the general ledger if a credit of $2,000 is posted to the cash account that had a beginning balance of $10,000 before posting?

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  1. 10 December, 10:08
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    A debit of 8000. It would make sense that a credit in cash would decrease the balance, therefore you deduct 2000 from 10000.
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