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

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a

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Discussions (5)

Tifeemania
9 years ago

How is the answer C and not A

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

hammed olamide
9 years ago

i dont know why it C

ahmadmuhammed
9 years ago

please can somebody explain how the answer is C

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