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1 February, 00:51

On may 31, the cash account of bottle's r us had a normal balance of $6,700. during may, the account was debited for a total of $13,900 and credited for a total of $13,200. what was the balance in the cash account at the beginning of may?

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  1. 1 February, 01:02
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    Calculation of Beginning Balance in Cash Account:

    It is given that On May 31, the cash account had a normal balance of $6,700, that means the ending balance is $6,700 Debit. And during May, the account was debited for a total of $13,900 and credited for a total of $13,200.

    Hence the Beginning Balance for Cash Account can be calculated as follows:

    Beginning balance in cash Account = Ending Balance in cash Account + Credit Entries - Debit entries

    = 6700+13200-13900

    = $6,000

    Hence, the Beginning Balance in Cash Account was $6,000
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