by Sunday | Dec 8 | Accounting JAMB
Subscriptions received are always put at 125% of the total donations received and refreshment sales. A. N30000 B. N28000 C. N24000 D. N20000 Correct Answer: Option D – N20000
by Sunday | Dec 8 | Accounting JAMB
Subscriptions received are always put at 125% of the total donations received and refreshment sales. A. N11500 B. N12000 C. N13000 D. N13500 Correct Answer: Option A – N11500
by Sunday | Dec 8 | Accounting JAMB
A. N583,000 B. N563,000 C. N483,000 D. N581,000 Correct Answer: Option A – N583,000 Explanation Revenue = 820,000 miscellaneous = 10% of 820,000 10/100×820,000 = 82,000 miscellaneous expense= 82,000 Expenses = office rent + nepa (light) + salary of staff +...
by Sunday | Dec 8 | Accounting JAMB
It is the tradition of the club to write off an amount equal to 25% of the subscriptions received as other expenses. A. N12000 B. N15000 C. N10000 D. N14500 Correct Answer: Option A – N12000
by Sunday | Dec 8 | Accounting JAMB
It is the tradition of the club to write off an amount equal to 25% of the subscriptions received as other expenses. A. N4500 B. N6000 C. N4000 D. N5000 Correct Answer: Option D – N5000
by Sunday | Dec 8 | Accounting JAMB
A. N5000 B. N4000 C. N3000 D. N7000 Correct Answer: Option C – N3000
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