Kizspy | Question: 36
(Choose 1 answer)
(1407)The business completed these transactions:
1. Invested $20,000 cash and a building value at $100,000.
2. Purchased $10,000 of a truck on credit.
3. Paid $20,000 cash for raw material.
4. Selling products and collected $40,000 cash.
What was the balance of the cash account after these transactions were posted?
A. $130,000
Β. $30,000
C. $40,000
D. $140,000
Ε. $120,000
