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Accounts (Principles of Accounts) · The cash book and discounts

Accounts (Principles of Accounts)The cash book and discountsWAEC

Opening cash was ₦20,000. Cash sales were ₦35,000, wages paid in cash ₦12,000 and cash banked ₦25,000. Find the closing cash balance.

An AdmitMe practice question, written for the WAEC syllabus. Not an official past question.

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