Paige noted that she disbursed $7,847 in payments for operations in her travel agency and received $7,162 in cash receipts for services rendered. She had no cash receipts or disbursements from investments or financing activities. Thus, Paige had a
A. positive disbursement.
B. negative cash flow.
C. tax credit payment.
D. bad debt allowance.
Answer: B
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Answer the following statement true (T) or false (F)
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