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In the first month of operations, the total of the debit entries to the Cash account amounted to $1,000 and the total of the credit entries to the Cash account amounted to $600. The Cash account has a

$600 credit balance.

$1,000 debit balance.

$400 debit balance.

$600 credit balance.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M91564329

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