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The Current account above had some errors in the arrangement of the accounts for Musa,...

Accounts - Principles of Accounts
JAMB 1997
The Current account above had some errors in the arrangement of the accounts for Musa, Kalu and Lawal

The Correct closing balance for Musa's current account is
  • A. N36 000 Credit
  • B. N16 600 credit
  • C. N16 600 debit
  • D. N1 800 credit
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NECO June/July 2024 - Get offline past questions & answers - Download objective & theory, all in one app 48789
Correct Answer: Option B
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NECO June/July 2024 - Get offline past questions & answers - Download objective & theory, all in one app 48789
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Join your school's WhatsApp group
NECO June/July 2024 - Get offline past questions & answers - Download objective & theory, all in one app 48789
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
NECO June/July 2024 - Get offline past questions & answers - Download objective & theory, all in one app 48789
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Join your school's WhatsApp group