Syllabus content and objectives
Official JAMB Principles of Accounting outline · Section A: Nature and Principles of Accounting
Contents / notes
- Instruments of bank transactions
- E-banking system
- Causes of discrepancies between cash book and bank statement
- Bank reconciliation statement
- Adjusted cash book
Candidate objectives
- Identify various instruments of bank transactions, such as cheques, pay-in-slips, credit cards, debit cards and internet banking, and explain their uses.
- Assess the impact of automated credit systems, credit transfers, interbank transfers and direct debit on cash balances.
- Identify factors that cause discrepancies between cash book balance and bank statement.
- Determine the adjusted cash book balance.
Practice Past Questions on this Topic
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