JAMB Accounting 2014 Objective — Question 33

Question 33 of 50 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2014 Objective paper, with the correct answer and a full explanation.

Using the same information, what is the balance carried down?

A. N11,680
B. N11,930
C. N12,330Correct
D. N13,430

Explanation

Total income (13,890) minus total expenses (300+510+400+350=1,560) = 12,330, matching the balance c/d.

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