Question 1 Report
Use the information below to answer questions.Entrance fees.........................₦1200
Subscriptions(including ₦850 arrears).₦4310
Donations received....................₦1500
Proceeds from sales...................₦2300
Total payments........................₦8200
Depreciation..........................₦2100
Closing cash balance..................₦1110The club deposited 200% of the closing cash balance in he bank during the period.Determine the opening cash balance of the