Question
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
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.
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Smoke And Mirrors Inc Accounting For Capitalism
Authors: Nicolas Vron, Matthieu Autret, Alfred Galichon, George Holoch
1st Edition
0801444160, 978-0801444166
