Yahya,s bank account shows a credit balance of N1500,000. He paid N1700,000 into the bank….

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Accounts - Principles of Accounts JAMB 2005

Yahya,s bank account shows a credit balance of N1500,000. He paid N1700,000 into the bank.
What is his expected balance?

  • Credit balance of N 200,000
  • Debit balance of N 200,000
  • credit balance of N 3 200,000 checkmark
  • Debit balance of N3 200,000

The correct answer is: C

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