Cashbook Balancing

What is the opening balance figure?

• 50000

• 5000

• 15000

• 150000

What side is the Bal.c/d in this question?

• DEBIT

• CREDIT

Which side has a greater total in this account?

• DEBIT

• CREDIT

What is the total on this account?

• 16000

• 30000

• 14000

• 3000

What is the Bal.b/d in this account?

• 2000

• 30000

• 14000

• 16000

What is the missing amount of VAT?

• 3000

• 10000

• 30000

• 6000

What is the balance in this account?

• 145000

• 15400

• 20000

• None of the above

What figure is missing from the Cashbook?

• 5000

• 10000

• 1100

• 11000

What is the percentage rate of VAT on purchases?

• 21%

• 20%

• 23%

• 12%

Does this business have an overdraft in their bank account at the end?

• YES

• NO