by Sunday | Dec 9 | Accounting JAMB
A. trading account B. current account C. capital account D. partners’ account Correct Answer: Option B – current account
by Sunday | Dec 9 | Accounting JAMB
A. accumulated fund B. profit and loss account C. current assets in the balance sheet D. current liabilities in the balance sheet Correct Answer: Option A – accumulated fund
by Sunday | Dec 9 | Accounting JAMB
A. N24,000 B. N22,000 C. N14,000 D. 8,000 E. NO OPTION INDICATED Correct Answer: Option E – NO OPTION INDICATED
by Sunday | Dec 9 | Accounting JAMB
A. direct materials B. indirect materials C. indirect expenses D. direct expenses Correct Answer: Option C – indirect expenses
by Sunday | Dec 9 | Accounting JAMB
Bar opening stock N10,000 Amount owed to bar suppliers at the end the beginning of the year N10,000 Bar sales N50,000 Bar credit purchases N40,000 Payment to suppliers N30,000 Bar expenses N1,000 Bar closing stock N15,000 A. N50,000 B. N40,000 C. N30,000 D. N20,000...
by Sunday | Dec 9 | Accounting JAMB
Bar opening stock N10,000 Amount owed to bar suppliers at the end the beginning of the year N10,000 Bar sales N50,000 Bar credit purchases N40,000 Payment to suppliers N30,000 Bar expenses N1,000 Bar closing stock N15,000 A. N20,000 B. N15,000 C. N14,000 D. N10,000...