Accounting JAMB

Yahya’s bank account shows a credit balance of N1 500 000. He paid N1 700 000 into the bank. What is his expected balance?

A. Credit balance of N 200,000
B. Debit balance of N 200,000
C. credit balance of N 3 200,000
D. Debit balance of N3 200,000

Correct Answer:

Option C – credit balance of N 3 200,000

Sunday

Share
Published by
Sunday
Tags: Accounting

Recent Posts

BAM 134 Theory Question: Short Notes on Key Management Theories

100 Level Department of Business Administration exam questions and detailed answers. Download the answers in document…

2 hours ago

BAM 134 Theory Questions: Effective Communication in Organizations: Characteristics and Consequences of Failure

100 Level Department of Business Administration exam questions and detailed answers. Download the answers in document…

2 hours ago

BAM 134 Theory Questions: Personnel Management: Explanation and Key Functions

100 Level Department of Business Administration exam questions and detailed answers. Download the answers in document…

3 hours ago

BAM 132 Theory Questions: Differentiating Key Management and Organizational Concepts

100 Level Department of Business Administration exam questions and detailed answers. Download the answers in document…

3 hours ago

BAM 132 theory Question: Organizing And Processes Of Organizing

100 Level Department of Business Administration exam questions and detailed answers. Download the answers in document…

3 hours ago

BAM 132 Theory Question: Fayol’s 14 Principles of Management

100 Level Department of Business Administration exam questions and detailed answers. Download the answers in document…

3 hours ago