| Capital | 12,700 | Purchases | 7,100 |
| Debtors | 4,000 | Stationery | 1,900 |
| Sales | 2,400 | Wages | 1,230 |
A. N655 credit
B. N655 debit
C. N130 credit
D. N130 debit
Correct Answer:
Option B – N655 debit
Determine the closing balance of the cash book?
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