The cash account of Grande Home Improvement Store shows the following:

a debit on June 1 for $25,000;

a credit on June 5 for $10,000,

a debit on June 16 for $14,000, and a credit on June 27 for $8,000.

What is the balance in the cash account at the end of June?

Question

Business

Clarissa

27 April, 21:13

The cash account of Grande Home Improvement Store shows the following:

a debit on June 1 for $25,000;

a credit on June 5 for $10,000,

a debit on June 16 for $14,000, and a credit on June 27 for $8,000.

What is the balance in the cash account at the end of June?

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Answers (1)

Know the Answer?

Vicente Pacheco · Answer 1

a debt of $ 27,000 is left in the cash account = - 27,000

Explanation:

because when you add all the nos the debts become negative numbers

and when we add them we get a debt of 27,000 which is equal to - 27,000

The cash account of Grande Home Improvement Store shows the following:a debit on June 1 for $25,000;a credit on June 5 for $10,000,a debit on June 16 for $14,000, and a credit on June 27 for $8,000.What is the balance in the cash account at the end of June?

The cash account of Grande Home Improvement Store shows the following:

a debit on June 1 for $25,000;

a credit on June 5 for $10,000,

a debit on June 16 for $14,000, and a credit on June 27 for $8,000.

What is the balance in the cash account at the end of June?