Question

At the end of the past month the cash account of a company had an ending balance of 6750. During the last month the account was debited for a total of 11350 and credited for a total of 10500. What was the balance in the cash account at the of the last month

Answer 1

Debits are subtracted from the previous balance and credits are added to find the new balance.

6750 -11350 +10500 = 5900

At the end of last month, the cash account balance was 5900.