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CIMA Exam CIMAPRA17-BA3-1 Topic 1 Question 89 Discussion
Actual exam question for
CIMA's
CIMAPRA17-BA3-1 exam
Question #: 89
Topic #: 1
[All CIMAPRA17-BA3-1 Questions]
Topic #: 1
A company's cashbook has an opening balance of 4,860 debit. The following transactions then took place:
(a) Cash sales - 23,500, including VAT of 3,500
(b) Receipts from customers - 18,600
(c) Payments to payables 12,400, less cash discounts of 240
(d) Bank Charges - 260
What will be the resulting balance in the cash book?
Suggested Answer:
D
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