by Sunday | Dec 5 | Accounting JAMB
Use the information below to answer the question. Capital…….N12 700……..Purchases……N7 100 Debtors…….N4 000……..Stationery…..N1 900 Sales………N2...
by Sunday | Dec 5 | Accounting JAMB
A. smart card B. communication network C. magnetic strip D. computerized account Correct Answer: Option A – smart card
by Sunday | Dec 5 | Accounting JAMB
A. current accounts only B. savings accounts only C. fixed deposit accounts only D. all bank accounts Correct Answer: Option A – current accounts only
by Sunday | Dec 5 | Accounting JAMB
A. debited with N10 000 B. credited with N10 000 C. debited with N500 D. credited with N500 Correct Answer: Option C – debited with N500
by Sunday | Dec 5 | Accounting JAMB
A. real entry B. special entry C. direct entry D. contra entry Correct Answer: Option D – contra entry
by Sunday | Dec 5 | Accounting JAMB
Given: …………….Cash Book…………………… Capital……….N6 500……..purchases…..N12 250 Sales…………N30...