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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?

A
N655 credit
B
N655 debit
C
N130 credit
D
N130 debit
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Correct Option: B
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