What was the amount of cash paid out during the same period?

By: |Published on: Dec 9|Categories: Accounting JAMB| 0 comments

A cash book had opening balance of N15,200 closing balance of N18,400 and total cash received during the period N36,000. What was the amount of cash paid out during the same period?

A. N17,800
B. N19,600
C. N29,200
D. N32,800

Correct Answer:

Option D – N32,800

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