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  5. Determine the bank b...

Determine the bank balance

Accounts - Principles of Accounts
JAMB 2012

Determine the bank balance

  • A. N 6,950 credit
  • B. N6,950 debit
  • C. N6,000 credit
  • D. N6,000 debit
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Correct Answer: Option B
Explanation

2600 + 28200 - 15000 - 7600 - 1250 = 6950 (debit balance)

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WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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Your School's Whatsapp Group - Join Us now
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post UTME Past Questions Agent
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts