Multiple Choice
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.
Correct Answer:
Verified
Correct Answer:
Verified
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