Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 22 - No. 36)
Which of the following actions would increase the cash balance as recorded in a cash book?
Making payments to suppliers by cheque.
Receiving cash from customers.
Paying wages in cash.
Transferring funds to the bank account.
Explanation
Cash received from customers represents cash inflow, thus increases cash balance.
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