Ask Question
15 August, 17:55

What would be the cash balance in the general ledger if a credit of $2,000 is posted to the cash account that had a beginning balance of $10,000 before posting?

+3
Answers (1)
  1. 15 August, 21:54
    0
    A debit of 8000. It would make sense that a credit in cash would decrease the balance, therefore you deduct 2000 from 10000.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “What would be the cash balance in the general ledger if a credit of $2,000 is posted to the cash account that had a beginning balance of ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers