The Cash account has a $15,000 debit balance. A $5,000 credit entry and a $7,000 debit entry are posted to the account. The final balance of the Cash account is:

A. a $3,000 debit balance.
B. a $27,000 debit balance.
C. a $17,000 debit balance.
D. a $13,000 debit balance.


Answer: C

Business

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