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Monday, 06 April 2026
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\(\begin{array}{c|c} \text{Capital} 12,700 \text{Purchases} 7,100 \\ \hline ...

\(\begin{array}{c|c}
\text{Capital} & 12,700 & \text{Purchases} & 7,100 \\
\hline
\text{Debtors} & 4,000 & \text{Stationery} & 1,900 \\
\hline
\text{Sales} & 2,400 & \text{Wages} & 1,230 \\
\end{array}\)
Determine the closing balance of the cash book?
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  • A N655 credit
  • B N655 debit
  • C N130 credit
  • D N130 debit
Correct Answer: Option B
Explanation:

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