The balance of the pretty cash book should be

Accounts - Principles of Accounts

WAEC 1990

A. deducted from the balance of the cash account
B. shown in the balance sheet as cash-in-hand
C. reconciled with the bank balance
D. returned to the sales manager
E. shown in the balance sheet as liability

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Correct Answer: Option B

Explanation

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The balance of the pretty cash book should be

Correct Answer: Option B

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