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JAMB Accounting 2017 Objective — Question 29

Question 29 of 40 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2017 Objective paper, with the correct answer and a full explanation.

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The document that provides instant information to firms on their transactions with a bank is/are

  • A. A. bank statement and debit noteCorrect
  • B. B. cheques and deposit slip
  • C. C. cheque book and cash book
  • D. D. pay slip and credit invoice

Explanation

A bank statement provides information to a customer regarding the transactions on their account with the bank.

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