Ican 2021 Financial Accounting Question 7

Practice mixed question 7 from the 2021 Ican Financial Accounting examination.

Ican 2021 Financial Accounting Mixed
Question 7 ICAN • 2021 • FINANCIAL ACCOUNTING • mixed

The bank balance in the books of Super on 1 April 2018 was ₦5,000,000 overdraft. The entity made a total payment of ₦13,116,300, the balance at 31 March 2019 was ₦8,145,600. How much cash was received by the entity during the year ended 31 March 2019?

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This is Ican 2021 Financial Accounting Question 7. It is one of the mixed questions from the 2021 Ican Financial Accounting examination.

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