At September 1 2022 Kern Enterprises Reported a Cash Balance

question 118

Multiple Choice

At September 1 2022 Kern Enterprises reported a cash balance of $140000.During the month Kern collected cash of $60000 and made disbursements of $100000.At September 30 2022 the cash balance is

• A)$40000
• B)$180000
• C)$200000
• D)$100000

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Definitions:

Strong Relationships

The development of deep connections characterized by mutual trust, respect, and understanding, often resulting in long-term partnerships or loyal clientele.

Buying Mode

The approach or process that consumers adopt when making a purchasing decision, often influenced by factors such as product type and buying situation.

Sales Presentation

A speech or demonstration given to potential customers to persuade them to purchase a product or service.

Accounting System

A structured process of recording, summarizing, and reporting the financial transactions of a business to provide insights into its financial health.