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O-LevelCommerceBanking7100/12 · May/June 2013 · Q351 Mark

Alice has an overdraft facility on her current account. At the beginning of a month Alice had an overdraft of $650. A cheque for $150 was debited to the account and a salary of $1480 was paid in. What is the balance on the account?

A$1980 OD
B$800 OD
C$680 CR
D$830 CR

✓ Correct answer

C: $680 CR

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About this question

Topic
Banking, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, May/June 2013 Paper 1 Variant 2, question 35.

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