Question
At September 1, 2017, Wildhorse Co. reported a cash balance of $151200. During the month, Wildhorse collected cash of $64800 and made disbursements of $108000.
At September 1, 2017, Wildhorse Co. reported a cash balance of $151200. During the month, Wildhorse collected cash of $64800 and made disbursements of $108000. At September 30, 2017, the cash balance is
A)$43200 credit.
B)$108000 credit.
C)$216000 debit.
D)$108000 debit
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The ASQ Auditing Handbook
Authors: J. P. Russell,
4th Edition
0873898478, 978-0873898478
