Gce Model Questions Vol1 2024 Financial Accounting Question 9
Practice objective / multiple choice question 9 from the 2024 Gce Model Questions Vol1 Financial Accounting examination.
The cash book for February has the following opening balances: cash \(£1,200\) and bank \(£3,500\). Cash column entries: - 3 Feb: Cash sales \(£2,400\) - 10 Feb: Received from debtor (amount not recorded) - 12 Feb: Paid rent cash \(£900\) - 18 Feb: Paid supplier cash \(£650\) Bank column entries: - 5 Feb: Bank receipt \(£3,200\) - 15 Feb: Interest received \(£120\) - 20 Feb: Paid loan instalment \(£1,500\) The closing cash balance is shown as \(£2,300\). What amount should be entered for the receipt from the debtor on 10 Feb?
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About This Question
This is Gce Model Questions Vol1 2024 Financial Accounting Question 9. It is one of the objective questions from the 2024 Gce Model Questions Vol1 Financial Accounting examination.
Difficulty level: Medium .
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