At the end of the past month the cash account of a company had an ending balance of 6750. During the last month the account was debited for a total of 11350 and credited for a total of 10500. What was the balance in the cash account at the of the last month

Question

Nolan

Mathematics

20 March, 15:10

At the end of the past month the cash account of a company had an ending balance of 6750. During the last month the account was debited for a total of 11350 and credited for a total of 10500. What was the balance in the cash account at the of the last month

+4

Answers (1)

Know the Answer?

Jenna · Answer 1

Debits are subtracted from the previous balance and credits are added to find the new balance.

6750 - 11350 + 10500 = 5900

At the end of last month, the cash account balance was 5900.