The subscriptions received represent 80% of total payments and the opening balance is 30% of gate-fee collections. What is the closing cash balance? by Sunday | Dec 6 | Accounting JAMB | 0 comments A. N35 000 B. N211 000 C. N5 000 D. N10 000 Correct Answer: Option C – N10 000 Users Also Read These:Opening creditors was N65,000, closing creditors was…XYZ Ltd's total sales was #100,000. It had opening…Adobaw extracted a trial balance on 31st December…A club received rent N10,000 and donation N30,000.…The subscriptions received represent 80% of total…