Please give me answer general accounting At September 1, 2010, Kern Enterprises reported a cash balanceof $45,000. During the month, Kern collected cash of $15,000and made disbursements of $25,000. At September 31, 2010,what is the cash balance?A. $25,000 creditB. $35,000 creditC. $60,000 debitD. $35,000 debit

Step 1: Define Disbursements of cashDisbursements of cash mean the payment of the cash to the…

Answered: At September 1, 2010, Kern Enterprises…

Financial Accounting Intro Concepts Meth/Uses

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Chapter8: Revenue Recognition, Receivables, And Advances From Customers

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At September 1, 2010, Kern Enterprises reported a cash balance of $45,000. During the month, Kern collected cash of $15,000 and made disbursements of $25,000. At September 31, 2010, what is the cash balance? A. $25,000 credit B. $35,000 credit C. $60,000 debit D. $35,000 debit