Accounting JAMB

Determine the balance as per bank statement.

Balance as per cashbook 2, 970
Bank Charges 220
Unpresented cheques 3, 950
Uncredited cheques 4, 178
Direct debit by bank 1, 0000

 

A. # 1,978
B. # 1962
C. # 1,522
D. # 2,522

Correct Answer:

Option D – # 2,522

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