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Find what is the cash balance as of june

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Problem 1: On June 1, 2020, Barcelona Inc. reported a cash balance of P11,000. During June, the Cash General Ledger shows that the firm made deposits of P3,000 and made disbursements totaling P9,000. What is the cash balance as of June 30, 2020?

a. P5,000 debit balance

b. P14,000 debit balance

c. P5,000 credit balance

d. P4,000 credit balance

Reference no: EM132680946

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