Accounts (Principles of Accounts)Bank reconciliation statementsJAMB
A cheque for ₦4,500 paid to a supplier was entered in the cash book as ₦5,400. To correct this, the cash book should be
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Answer: B. debited with ₦900
Payments were overstated by ₦900, so the balance must be increased.
An AdmitMe practice question, written for the JAMB syllabus. Not an official past question.