begin array c c text Capital amp 12 700 amp tex... - JAMB Accounting 2008 Question
\(\begin{array}{c|c}
\text{Capital} & 12,700 & \text{Purchases} & 7,100 \\ \hline
\text{Debtors} & 4,000 & \text{Stationery} & 1,900 \\ \hline
\text{Sales} & 2,400 & \text{Wages} & 1,230 \\ \end{array}\)
Determine the closing balance of the cash book?
\text{Capital} & 12,700 & \text{Purchases} & 7,100 \\ \hline
\text{Debtors} & 4,000 & \text{Stationery} & 1,900 \\ \hline
\text{Sales} & 2,400 & \text{Wages} & 1,230 \\ \end{array}\)
Determine the closing balance of the cash book?
A
N655 credit
B
N655 debit
C
N130 credit
D
N130 debit
correct option: b
Please share this, thanks:
Add your answer
No responses