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JAMB Accounting 2007 Objective — Question 42

Question 42 of 46 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2007 Objective paper, with the correct answer and a full explanation.

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What is the adjusted cash book balance?

  • A. #14,680Correct
  • B. #15,560
  • C. #16,440
  • D. #17,000

Explanation

Adjusted cash book balance = 13,560 + Dividend 2,000 - Bank charges 280 - Standing order 600 = #14,680.

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