Saturday, 16 November 2019

The Cash account had a normal balance of $48,000 at the beginning of the month. During the month,

The Cash account had a normal balance of $48,000 at the beginning of the month. During the month, Langdon Company received cash payments from its customers of $22,000 and made cash payments of $8,000 for expenses incurred and $6,000 on account. The balance in the Cash account after posting these transactions is


$56,000 debit balance.

$56,000 credit balance.

$12,000 debit balance.

$84,000 credit balance.

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