Opening balance of Diks company was #12,202, closing balance #15,300, total cash received during the period #40,000. What was the amount of cash paid during the same period?
a
#36,902
b
#27,502
c
#12,498
d
#43,098
Explanation
Correct Option
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Tubdul07
7 years ago
The answer is D.
Cash received during the year + closing balance of the year - opening balance brought down from last year.
40000+15300- 12202= 43098



