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Determine the bank balance

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Accounts - Principles of Accounts JAMB 2012

Determine the bank balance

  • N 6,950 credit
  • N6,950 debit checkmark
  • N6,000 credit
  • N6,000 debit

The correct answer is: B

Explanation

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

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