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PLEASE NEED ANSWER FOR THIS QUESTION

Forums › ACCA Forums › ACCA FA Financial Accounting Forums › PLEASE NEED ANSWER FOR THIS QUESTION

  • This topic has 0 replies, 1 voice, and was last updated 5 years ago by mohamedhelmi.
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  • October 16, 2019 at 3:42 pm #549770
    mohamedhelmi
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    • Topics: 2
    • Replies: 0
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    1- There is $500 in the cash till at the year end at ABC &co,ltd, but the accountant has discovered that some cash has been unaccounted for . At the begging of the year there was 250$ in the cash till and debtors were $3000 . Total sales in the year were 180000$. debtors at the end of the year were $4000 cheques banked from credit sales were $150000 and cash sales of $50000 have been banked

    HOW MUCH CASH WAS UNACCOUNTED FOR DURING THE YEAR?

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