8. Turnkey Systems, Inc. began the month of June, 2014 with a prepaid expenses balance of $240,000. During the month, debits totaling $110,000 and credits totaling $80,000 were made to the prepaid expenses account. What was the June, 2014 ending balance of prepaid expenses? A debit balance of $210,000 O A credit balance of $210,000 O A debit balance of $270,000 O A credit balance of $270,000