Adama's bank account showed an overdraft of N600 on 3...
Adama's bank account showed an overdraft of N600 on 31st march. On going through the account, it was discovered that the N1,080 paid into the account on 29th March had not been credited.
What should be the balance in Adama's cash accounts?
N1,680 Dr
N1,080 Cr
N600 Dr
N480 Cr
Correct answer is D
No explanation has been provided for this answer.
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\(\begin{array}{c|c} & N \\ \hline \text{Sales} & 14,600 \\ \text{Purchases} & 5,500 \\ ...