Use the following information to answer the
(begin{array}{c|c} July & 1 & text{cash in hand, N420, Cash at Bank} & N6,500 \ & 2 & text{Paid Asaolu T. by cheque} & N1,500 \ & 5 & text{Paid transport by cash} & N42 \ & 9 & text{Received cheque from Olawoyin} & N3,600 \ & 15 & text{Cash sales to date} & N1,800 \ & 17 & text{Paid Haruna by cheque} & N1,200 \ & 19 & text{Paid Umana by cash} & N100 \ & 31 & text{Paid wages by cash} & N1,500 end{array})
The cash in hand on 31st July is
(begin{array}{c|c} July & 1 & text{cash in hand, N420, Cash at Bank} & N6,500 \ & 2 & text{Paid Asaolu T. by cheque} & N1,500 \ & 5 & text{Paid transport by cash} & N42 \ & 9 & text{Received cheque from Olawoyin} & N3,600 \ & 15 & text{Cash sales to date} & N1,800 \ & 17 & text{Paid Haruna by cheque} & N1,200 \ & 19 & text{Paid Umana by cash} & N100 \ & 31 & text{Paid wages by cash} & N1,500 end{array})
The cash in hand on 31st July is
-
A.
N2,220 -
B.
N2,078 -
C.
N1,642 -
D.
N578