Economics · Financial Accounting
Jay operates a petty cash system with an imprest float of 50. During the week commencing 25 March, he made the following payments: to suppliers 340, wages 150, and rent 70. Jay banked 600 at the end of the week. What were the cash takings for the week commencing 25 March?
- 1560
- 2600
- 31,160✓
- 41,110
Correct answer
1,160
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