At September 1, 2022, 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, 2022, the cash balance is
A) $40,000 credit.
B) $100,000 credit.
C) $200,000 debit.
D) $100,000 debit.
Correct Answer:
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