Use the following information to answer the question The following transactions were recorded in the cash book of Ibusah for the month of February 2019: D B...

Assessment: WAEC SSCE - Financial Accounting - 2023 (Objective) Subject: Financial Accounting

Question 1 Report

Use the following information to answer the question

The following transactions were recorded in the cash book of Ibusah for the month of February 2019:
 

   D

 Balance b/f

 200,000
 Commission received  180,000
 Receipts from Ojah  98,000

 Electricity bill

 40,000

 Rent

 73,400

 Drawings

 28,600

 Insurance  12,800


The total expenses for the month is

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