Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. kofis bank account was overdrawn by n1,275 on 1st

Kofis bank account was overdrawn by N1,275 on 1st March 2010. During the month he...

90.2K

Verified Solution

Question

Accounting

Kofis bank account was overdrawn by N1,275 on 1st March 2010. During the month he made a total bank payment of N7,500, and on 31 March, the closing balance was N 2,750 (positive). What was the total lodgment into the bank account during the month?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

A store has 5 years remaining on its lease in a mall. Rent is $2,000 per...

Finance
1.2K views

compare and contrast how corporations use interest swaps and forward contracts. Focus your discussion on the...

Statistics
1.2K views

Consider the following measurements of blood hemoglobin concentrations (in g/dL) from three human populations at different geographic...

Biology
1.2K views

Neisseria gonorrhoeae has multiple different genes for fimbriae, and can change them so that the immune...

Psychology
1.2K views

How does SES(socioeconomic status), education, and family dynamics affect your \"life chances\" (term from Max Weber)?

Advance Math
1.2K views

A batch of 50 different automatic typewriters contains exactly 10 defective machines. What is the probability...

Biology
1.2K views

Some hares have the same coat color all year long Others have white coats in...

Basic Math
1.2K views

Eric determines that the length of a bus journey is normally distributed with mean 20...

Calculus
1.2K views

Question 9 12 2 35 Part 4 of 4 The reduced row echelon form of...

Accounting
1.2K views

!!!!!!!! 1. Prepare a differential analysis report of the proposed...

Accounting
1.2K views

Q9 From the following details, calculate net sales revenue. A. $435,000...

Finance
1.2K views

A $3,700 bond pays interest at 3% compounded semi-annually. The bond is redeemable in 1...