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FNSACC412 Questions On Prepare Operational Budgets - Budgeted financial statements

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Topic 4 - Activities

Question 13

How is the cash at bank balance at the end of the period calculated?

  1. Closing cash at bank – surplus cash during period
  2. Opening cash at bank – surplus cash during period
  3. Closing cash at bank + surplus cash during period
  4. Opening cash at bank + surplus cash during period

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