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In the first month of operations, the total of the debit entries to the Cash account amounted to $2,000 and the total of the credit

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In the first month of operations, the total of the debit entries to the Cash account amounted to $2,000 and the total of the credit entries to the Cash account amounted to $1, 500. The Cash account has a a. $1, 500 credit balance. b. $500 debit balance. c. $2,000 debit balance. d. $500 credit balance. At September 1, 2017, Kern Enterprises reported a cash balance of $140,000. During the month, Kern collected cash of $60,000 and made disbursements of $100,000. At September 30, 2017, the cash balance is a. $40,000 credit. b. $100,000 credit. c. $200,000 debit

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