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Question

The beginning-of-the-period cash balance for the Travis Company was a $12,000 debit. Cash sales for the month were $6,000 and sales on account were $8,000. The company paid $2,500 cash for current-period purchases and also paid $3,000 cash for amounts due from last month.

What is the ending debit or credit balance in the Cash account?

 

 

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