The correct procedure for balancing account is?
i) Deducted the smaller side figure from the bigger side figure .
ii) Add up both side
iii)Take the difference to the smaller and add to the smaller figure
The correct procedure for balancing account is?
A ii, i and iii
B i, iii and ii
C ii, iii and i
D i, ii and iii
Answer is B
Tag:2011 Jamb Accounting, Jamb, Jamb 2011 accounting questions and answers, Jamb 2011 financial accounting questions and answers, Jamb Accounting, Jamb accounting past questions, Jamb accounting past questions and answers, Jamb Accounts, Jamb financial accounting, Jamb financial accounting questions and answers, Jamb past questions and answers on accounting, Jamb past questions and answers on financial accounting, Joint Admissions and Matriculation Board