Looking for the answer to the question below related to Managerial Decisions MCQs ?

When the opening balance of cash and cash equivalent is added to the net increase , the total will be the____________

 Options:

a) Closing balance of cash
b) Closing balance of bank
c) Opening balance of bank
d) Closing balance of cash and cash equivalent

 

The Correct Answer Is:

  • b) Closing balance of bank

 

Conclusion

I hope you got the answer to your question.

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