Solution-Calculate the balance in Crane Cash account

Calculate the balance in Crane Cash account

Reference no: EM132669378

Question - At May 1, Crane Inc. reported at Cash account balance of $1400. During the month, the total of the debit entries to the Cash account amounted to $2500 and the total of the credit entries to the Cash account amounted to $2300. At the end of May, calculate the balance in Crane' Cash account?

a. $1600 debit balance.

b. $2300 debit balance.

c. $3900 debit balance.

d. $2300 credit balance.

Reference no: EM132669378

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Calculate the balance in Crane Cash account

Reference no: EM132669378

Reference no: EM132669378

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