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

Home » Past Questions » 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…
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?

  • N71 250 credit checkmark
  • N71 250 debit
  • N95 000 credit
  • N95 000 debit

The correct answer is: A

Explanation

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