Concept:The cash balance is found by subtracting the total cash payments from the total cash receipts, after adjusting for the discount allowed.Explanation:Total cash received (debit side) = 3000+1000+2000+200=6200.The discount allowed is 2% of 2000: 0.02×2000=40.Net cash received after the discount = 6200−40=6160.Total cash paid (credit side) = 200+3000+200=3400.Cash balance = 6160−3400=2760.Answer:The cash balance after the discount is N2760, so the correct option is A.
