JAMB Accounting 2008 Objective — Question 18

Question 18 of 50 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2008 Objective paper, with the correct answer and a full explanation.

Determine the closing balance of the cash book

A. 655 credit
B. 655 debitCorrect
C. 130 credit
D. 130 debit

Explanation

The closing balance of the cash book is determined as 655 debit, based on the given cash book totals.

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