alleryStart learning →Cash opened at Rs 10,000 and closed at Rs 18,000 after payments of Rs 1,52,000. Total receipts?
ARs 1,44,000
BRs 1,60,000
CRs 1,70,000
DRs 1,80,000
Answer & Solution
Correct answer: B. Rs 1,60,000
Receipts = closing cash - opening cash + payments = 8,000 + 1,52,000 = 1,60,000.
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