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  3. Accounts - Principles of Accounts
  4. JAMB 2008
  5. Given: .............

Given: ................Cash Book........................ Capital..........N6 500........purchases.....N12 250 Sales............N30 000........Rent..........N9 100 ................................Motor vehicle.N2 400 Find the bank...

Accounts - Principles of Accounts
JAMB 2008
Given:

................Cash Book........................

Capital..........N6 500........purchases.....N12 250
Sales............N30 000........Rent..........N9 100
................................Motor vehicle.N2 400

Find the bank balance?
  • A. N71 250 credit
  • B. N71 250 debit
  • C. N95 000 credit
  • D. N95 000 debit
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Correct Answer: Option A
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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