JAMB Accounting Past Questions & Answers - Page 82

406.

The value of Y is

A.

N11,500

B.

N8,500

C.

N13,000

D.

N10,000

Correct answer is B

No explanation has been provided for this answer.

407.

What was the bank balance at the end of the month?

A.

N7,000

B.

N6,500

C.

N7,500

D.

N9,000

Correct answer is A

No explanation has been provided for this answer.

408.

On Jan. 30 Khalifa withdraw N2500 from the bank for office use.

The cash balance at end of the month was

A.

N1,600

B.

N4,100

C.

N6,600

D.

N6,100

Correct answer is B

No explanation has been provided for this answer.

409.

Which of the following is a journal as well as a ledger?

A.

Nominal ledger

B.

Sales day book

C.

General ledger

D.

Cash book

Correct answer is B

No explanation has been provided for this answer.