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Addie’s cash book shows a credit balance of $500 brought down at the end of July 20X0.
What does this balance represent?
1. Addie has an overdraft at the bank
2. Addie received cash of $100 in July
3. Addie has money at the bank
4. Addie received cash of $100 in JulyWhat is the answer to that question, sir?
I think 1st is the correct one.1 is the correct answer.
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Thank you for answering, Sir!! I watched all of your free lectures about FA courses. THANK YOU SO MUCH! Just wanna check if my answer is right or wrong that’s why I asked here.
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