The bank column in the cash book shows a credit balance of N180. This means

Accounts - Principles of Accounts WAEC 1989

The bank column in the cash book shows a credit balance of N180. This means

  • a total payment of N180
  • a gross receipt of N180
  • a left over of N180 in the bank
  • an overdraft of N180 checkmark
  • a left over of N180 cash

The correct answer is: D

Explanation

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