What is the cash balance on the debit side if it is the only item omitted?

Use the information below to answer question

Capital……………………………₦60 000

Bank………………………………₦12 500

General expenses……………………₦5 250

Creditors………………………….₦17 000

Stock……………………………..₦98 500

Fixed assets……………………….₦42 000

Insurance and rates…………………₦18 800

Purchase…………………………..₦63 850

What is the cash balance on the debit side if it is the only item omitted?

Options

A) ₦6745

B) ₦6754

C) ₦6475

D) ₦6574

The correct option is C

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