Question and answer
In the first month of operations, the total of the debit entries to the cash account amounted to $1,400 and the total of the credit entries to the cash account amounted to $600. The cash account has
a A. $600 credit balance B. $1,400 debit balance C. $800 debit balance D. $800 credit balance
C. $800 debit balance. $1,400 debit entries - $600 credit entries = $800 debit balance.
Get an answer
Original conversation
User: In the first month of operations, the total of the debit entries to the cash account amounted to $1,400 and the total of the credit entries to the cash account amounted to $600. The cash account has a A. $600 credit balance B. $1,400 debit balance C. $800 debit balance D. $800 credit balance





Weegy: C. $800 debit balance. $1,400 debit entries - $600 credit entries = $800 debit balance.
Expert answered|migzptz|Points 5228|

User: Which ledger contains control accounts? A. Accounts receivable subsidiary ledger B. General ledger C. Accounts payable subsidiary ledger D. General revenue and expense ledger

Question|Rated good
Asked 2/28/2012 12:00:39 PM
0 Answers/Comments
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
Under the cash basis of accounting, A. revenue is recognized when services are performed B. expenses are matched with the revenue that is produced C. cash must be received before revenue is recognized D. a promise to pay is sufficient to recognize revenue
Weegy: B. expenses are matched with the revenue that is produced (More)
Question
Expert Answered
Updated 2/28/2012 1:43:17 PM
1 Answer/Comment
Under the cash basis of accounting: C. cash must be received before revenue is recognized.
Added 2/28/2012 1:43:17 PM
This answer has been added to the Weegy Knowledgebase
The Sarbanes Oxley Act (2002) applies to A. U.S. companies but not international companies B. international companies but not U.S. companies C. U.S. and Canadian companies but not other international companies D. U.S. and international companies
Weegy: A. U.S. companies but not international companies User: 29) The custodian of a company asset should A. have access to the accounting record for that asset B. be someone outside the company C. not have access to the accounting record for that asset D. be an accountant (More)
Question
Expert Answered
Asked 2/28/2012 12:49:48 PM
0 Answers/Comments
25,022,799 questions answered
Popular Conversations
A credit report is a _____.
5/2/2016 7:02:18 AM| 2 Answers
Where did Pure Land Buddhism first become ...
5/2/2016 7:37:41 AM| 2 Answers
2 2/3-5/6
Weegy: 4 1/3 - 5/6 - 1/2 is equal to 3 User: A 5-story building is 51.1 feet tall. How many feet tall is each story
5/2/2016 8:20:33 AM| 2 Answers
Which of the following is a transitional word found in this ...
Weegy: what's your question? User: Which of these words from the paragraph is NOT a transitional word or ...
5/2/2016 8:20:41 AM| 2 Answers
Which of the following technologies was NOT created during World War ...
Weegy: B. antibiotics User: Which of the following terms could be applied to the United States during the Cold ...
5/2/2016 8:37:12 AM| 2 Answers
What is Luminol?
5/2/2016 8:57:15 AM| 2 Answers
Weegy Stuff
S
Points 151 [Total 151] Ratings 7 Comments 81 Invitations 0 Online
S
Points 115 [Total 115] Ratings 2 Comments 85 Invitations 1 Online
S
1
L
L
P
R
P
L
P
P
R
Points 92 [Total 12344] Ratings 1 Comments 82 Invitations 0 Offline
S
Points 38 [Total 107] Ratings 0 Comments 38 Invitations 0 Offline
S
Points 11 [Total 156] Ratings 0 Comments 11 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 1 Comments 0 Invitations 0 Online
S
L
P
Points 4 [Total 1169] Ratings 0 Comments 4 Invitations 0 Offline
S
Points 1 [Total 48] Ratings 0 Comments 1 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
S
R
Points 1 [Total 723] Ratings 0 Comments 1 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.