Task 1.1

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justyna24
justyna24 Registered Posts: 21 New contributor 🐸
Hey
Could someone explain me questions from task 1.1 what will be the opening balance in the general ledger ? Please see attached photo

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  • Pian32
    Pian32 Registered Posts: 474 Dedicated contributor 🦉
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    You've chopped off the 1st part of the question.

    The method however would be to remember that the cash book tells you what has actually been paid or received.

    There was £5270 more spent this year (assuming no errors which might have been looked at earlier in the question).
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