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A company had a cash balance of RM55,000 on 1 October 2021. During October, total payments were RM490,000 and total receipts were RM438,000. What is

A company had a cash balance of RM55,000 on 1 October 2021. During October, total payments were RM490,000 and total receipts were RM438,000. What is the cash book balance on 31 October 2021?

Select one: A. RM55,000 B. RM435,000 C. RM3,000 D. RM1,500

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