Accounting JAMB

If cheques of N40000 were received but a cheque of N8000 was dishonoured; the amount owed was?
If cheques of N40000 were received but a cheque of N8000 was dishonoured; the amount owed was?If cheques of N40000 were received but a cheque of N8000 was dishonoured; the amount owed was?

A. N9 000
B. N20 000
C. N 1000
D. N17 000

Correct Answer:

Option C – N 1000

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