On June 1, 2020, Barcelona Inc. reported a cash balance of $11,000. During June, Barcelona made deposits of $3,000 and made disbursements totalling $9,000. What is the cash balance at the end of June?
A) $5,000 debit balance
B) $14,000 debit balance
C) $5,000 credit balance
D) $4,000 credit balance
Correct Answer:
Verified
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