JAMB Past Questions and Answers - Page 930

4,646.

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.

4,647.

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.

4,650.

LOAN IS 30% OF CREDITORS.

What is the capital balance?

A.

N1000

B.

N2100

C.

N900

D.

N1200

Correct answer is B

No explanation has been provided for this answer.