N Bank account 59,410, Capital account 50,000, Purchase account 20,000, Rent 2,500, Stationery 90, typewriter

FINANCIAL
JAMB 1998

N Bank account 59,410, Capital account 50,000, Purchase account 20,000, Rent 2,500, Stationery 90, typewriter 6,500, Sales 38,000 In preparing a trial from the list of balances given above, what is the total in debit and credit columns?

  • A. N147,910
  • B. N138,500
  • C. N88,500
  • D. N85,800

Correct Answer: C. N88,500



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