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Over the Past Month,Monica Noted That She Disbursed $6,347 in Payments

Question 10

Multiple Choice

Over the past month,Monica noted that she disbursed $6,347 in payments for operations in her travel agency and received $6,189 in cash receipts for services rendered.She had no cash receipts or disbursements from investments or financing activities.Thus,Monica had a:


A) positive disbursement.
B) negative cash flow.
C) bad debt allowance.
D) tax credit payment.

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