DO YOU UNDERSTAND THE MOVEMENT OF MONEY IN THE CASH BOOK ?
Lets see how you get on with this simple scenario: · Where there is an opening debit bank balance of £2,290 and the totals recorded in the cash book for the year ended 30 June 20X1 were: Receipts £259,298 Payments £262,698 Assuming there were no year-end adjustments, what will be the opening balance in the cash … Read More