Use the information below to answer the following questions
Period 1 N
Cash to petty cashier 1000
Petty cashier pays out 780
Period 2
Petty cashier pays out 840
What is the balance of cash with the petty cashier at the end of period 1?
  • A 220
  • B 780
  • C 980
  • D 1780

The correct answer is A. 220

period one income =

N1,000- N780 pay out = N220 balance

Previous question Next question