Use the information below to answer the que..

Question 1 Report

Use the information below to answer the question:

Total sales of ticket	₦300 000
Amount received from the sales	₦260 000
Cash purchase of club house	₦100 000
Credit purchase of equipment	₦60 000
Electricity bill paid	₦5 000
Salaries owed	₦2 000

What is the receipts and payment account balance?

₦260 000

₦233 000

₦155 000

₦100 000

Use the information below to answer the question: Total sales of ticket ₦300 000 Amount received from the sales ₦260 000 Cash purchase of club house ₦100 00...