by: Admin_LouisPosted on: The balance as per bank statement is The balance as per bank statement is N39,500 N41,500 N139,500 N179,500 Share this:TwitterFacebookLike this:Like Loading... Related posts:What is an imprest system?When there is inflation, the historical cost convention has the effect ofOne of the following is a disadvantage of Application Packages.On 1 June year 1, H paid an insurance invoice of N2,400 for the year to 31 May year 2. What is the charge to the income statement and the entry in the financial statement for the year ended 31 December year 1?