closing cashForums › ACCA Forums › ACCA FA Financial Accounting Forums › closing cashThis topic has 1 reply, 2 voices, and was last updated 11 years ago by danielglover.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts January 11, 2013 at 8:26 am #111896 isabMemberTopics: 5Replies: 0☆Can anyone answer this f3 question : All Jinn ‘s sales are cash sales. During the year he made sales of $ 45,780 and banked $ 38,175. He paid sundry expenses in cash of $ 2,200 and wages of $ 4,560 in cash. His opening cash was $ 365.What is his closing cash figure? January 15, 2013 at 11:39 am #113635 danielgloverMemberTopics: 13Replies: 100☆☆Easy! Easy!Opening 365 (assuming it’s a debit balance)Add: Sales 45780Less: Banked 38175 Sundry expenses 2200 Wages 4560Closing 1210AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In