Questions:

4)At September 1, 2014, Kern Enterprises reported a cash balance of $70,000. During the month, Kern collected cash of $30,000 and made disbursements of $50,000. At September 30, 2014, the cash balance is

a. $20,000 credit.

b. $50,000 credit

c. $100,000 debit.

d. $50,000 debit.