- 1 Marks
FA – Nov 2022 – L1 – SA – Q13 – Recording Financial Transactions
Determine the cash paid out during the period based on the given cash book balances.
Question
In a cash book, the opening balance was N70,600, closing balance was N9,200, and the total cash received during the period was N180,000. What was the amount of cash paid out during the period?
A. N79,000
B. N98,000
C. N100,200
D. N118,600
E. N241,400
Find Related Questions by Tags, levels, etc.
- Tags: Balances, Cash Book, Financial Records
- Level: Level 1
- Topic: Recording Financial Transactions
- Series: NOV 2022
Report an error