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Use the information above to answer the question that followsWhat is the balance...


Question

Use the information above to answer the question that follows

Period 1:
Cash to petty cashier₦1000
Petty cashier pays out₦780
 
Period 2:
Petty cashier pays out₦840

What is the balance of cash with the petty cashier at the end of period 1?

Options

A) ₦220

B) ₦780

C) ₦980

D) ₦1780

The correct answer is A.


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