Given:

................Cash Book........................

Capital..........N6 500........purchases.....N12 250

Sales............N30 000........Rent..........N9 100

................................Motor vehicle.N2 400

Find the bank balance?

  • A N71 250 credit
  • B N71 250 debit
  • C N95 000 credit
  • D N95 000 debit

The correct answer is A. N71 250 credit

No explanation given
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