Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 42 - No. 11)
Which of the following transactions would *increase* the balance in the cash book?
Paying salaries to employees.
Purchasing inventory on credit.
Receiving cash from a customer for a sale.
Paying rent for the office space.
Explanation
Cash inflows, like cash from sales, increase the cash book balance. The rest of the choices involve cash outflows or credit transactions.
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