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Help!!!!!

It's my first meeting with a Trial Balance and I am confused.

I am working through the case study for VCE Business Unit 5 for the OCR
January exam and I have some questions.

Does the entry for'Bank' mean cash in bank?
Does the entry for'Cash' mean cash in bank or cash on the premises?
Does the entry for 'Short term loan' mean that this is an overdraft
facility?

Can anyone please help and is there a light at the end of the tunnel where
trial balances are concerned.

Thanks

Pete Jarratt
Redruth School
Cornwall





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