Question 2: Calculate the amount of cash stolen. Cash on hand (30th Nov) = Cash balance + Petty cash balance = TZS 129,600 + TZS 15,260 = TZS 144,860. Cash balance before theft = Cash on hand (30

Solved: Question 2: Calculate the amount of cash stolen…

Question 2:

Step 1: Calculate the amount of cash stolen.
The cash balance on 30th November is the sum of Cash and Petty cash. Sales increase cash, and disbursements decrease cash.

\begin{align*} \text{Cash on hand (30th Nov)} &= \text{Cash balance} + \text{Petty cash balance} \\ &= \text{TZS } 129,600 + \text{TZS } 15,260 \\ &= \text{TZS } 144,860 \end{align*}

\begin{align*} Cash balance before theft &= \text{Cash on hand (30

Question 2: Calculate the amount of cash stolen. Cash on hand (30th Nov) = Cash balance + Petty cash balance = TZS 129,600 + TZS 15,260 = TZS 144,860. Cash balance before theft = Cash on hand (30

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