Use the information below to answer questions .
subscription…………………N5420
Canopy rent………………….N400
Wages……………………….N1100
Post-ages……………………N300
loss from bar………………..N160
Purchases of new furniture…….N120
Premises…………………….N4000
Furniture at the beginning…….N1120
What is the cash balance in the receipts and payments account?
A N2 520
B N2600
C N3000
D N120
Answer is E
