Which of the following is the correct Cash ledger account (T account) for the transactions given below? 1. Company collected cash from its customers at the amount of 5000. 2. Company borrowed 4000 cash from the bank? 3. Company paid salaries to its employees at the amount of 1200. Select one: А. Cash 5000 4000 1200 В. Cash 5000 4000 1200 С. Cash 1200 5000 4000 O D. Cash 5000 1200 4000

Which of the following is the correct Cash ledger account (T account) for the transactions given below? 1. Company collected cash from its customers at the amount of 5000. 2. Company borrowed 4000 cash from the bank? 3. Company paid salaries to its employees at the amount of 1200. Select one: А. Cash 5000 4000 1200 В. Cash 5000 4000 1200 С. Cash 1200 5000 4000 O D. Cash 5000 1200 4000

Name: Which of the following is the correctCash ledger account (T account)
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Description: Which of the following is the correctCash ledger account (T account) for thetransactions given below?1. Company collected cash from itscustomers at the amount of 5000.2. Company borrowed 4000 cash fromthe bank?3. Company paid salaries to itsemployee

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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