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ACCOUNTING

JAMB 2001 - Question 9

Account 2001 JAMB Past Questions - Question 9: A cash book had opening balance of N15,200, closing balance N18,400 and total cash received during the period N36,000. What was the amount of cash paid out during the same period?

Choose the most appropriate option for the gap .

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

A: #17,800

B: #19,600

C: #29,200

D: #32,800

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ACCOUNTING

Account 2001 JAMB Past Questions - Question 9: A cash book had opening balance of N15,200, closing balance N18,400 and total cash received during the period N36,000. What was the amount of cash paid out during the same period?

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Correct Answer

Explanation