alleryStart learning →Opening cash Rs 40,000; inflows Rs 1,20,000; outflows Rs 90,000. Closing cash?
ARs 30,000
BRs 2,50,000
CRs 70,000
DRs 1,70,000
Answer & Solution
Correct answer: C. Rs 70,000
Closing cash is 1,20,000 minus 90,000 plus the opening 40,000, which gives Rs 70,000.
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