Cigna began operations on September 1, 2023 with an investment of $36,000 cash into the...
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Cigna began operations on September 1, 2023 with an investment of $36,000 cash into the business. During the month of September, Cigna completed the following additional transactions: September 2 Cigna borrowed $10,800 from First National Bank and signed a note payable for the debt September 4 Purchased supplies for $1,200 in cash September 15 Paid employee wages of $1,000 in cash September 18 Made a customer repair and billed them; however, Cigna did not collect the $2,600 September 29 Paid rent for the month of September in the amount of $3,600 in cash What is the balance in the Cash account at the end of September 2023?
Select one: O a. $5,000 O b. $36,000 O C. ($5,800) O d. $41,000 O e. $30,200
Cigna began operations on September 1,2023 with an investment of 336,000 cash into the business. During the month of September. Cigna completed the following additional transactions: September 2 Cigna borrowed $10,800 from First National Bank and signed a note payable for the debt September 4 Purchased supplies for $1,200 in cosh September 15 Paid employee wages of $1,000 in cash September 18 Made a customer repaif and billed them, however, Cigna did not collect the 52,600 September 29 paid rent for the month of September in the amount of 33,600 in cash What is the balance in the Cash account at the end of September 2023 ? Select one: a $5,000 b. $36,000 c. (35,800) d. 541.000 e 530,200
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