Accounting 0452 · IGCSE · Books of prime entry

Books of prime entry — practice question

On 1 March 2020, the bank column in a cash book showed a credit balance of $290$. In March, cheques with a total value of $580$ were received and cheques amounting to $610$ were paid to suppliers. Bank charges of $12$ that had been incurred in February were also entered in the cash book. What was the balance in the bank column of the cash book on 1 April 2020?

  • A$248$ credit
  • B$248$ debit
  • C$332$ credit
  • D$332$ debit

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