by Sunday | Dec 4 | Accounting JAMB
A. revenue receipt B. capital receipt C. capital expenditure D. revenue expenditure Correct Answer: Option C – capital expenditure Explanation Capital expenditures are money spent by a business or organization on acquiring or maintaining fixed assets, such as...
by Sunday | Dec 4 | Accounting JAMB
A. revenue expenditure B. capital expenditure C. sunk cost D. miscellanous expenses Correct Answer: Option A – revenue expenditure Explanation Revenue expenses are incurred when a company purchases products or services necessary for generating revenue in the...
by Sunday | Dec 4 | Accounting JAMB
A. shareholders equity by outstanding shares B. total assets by outstanding shares C. gross profit by outstanding shares D. net profit by outstanding shares Correct Answer: Option A – shareholders equity by outstanding shares Explanation To calculate the book...
by Sunday | Dec 4 | Accounting JAMB
A. trading account B. profit and loss account C. fund flow statement D. cash flow statement Correct Answer: Option B – profit and loss account Explanation The Provision for Bad and Doubtful Debts will appear in the Balance Sheet. Next year, the actual amount of...
by Sunday | Dec 4 | Accounting JAMB
A company advertised and issued N750,000, 12% preference shares of N1 each to be issued at N1.50 per share. Applications for N1,370,000 were received at 30k per share. 70k per share (including premium) was due on allotment while 25k per share was due on each of the...
by Sunday | Dec 4 | Accounting JAMB
A company advertised and issued N750,000, 12% preference shares of N1 each to be issued at N1.50 per share. Applications for N1,370,000 were received at 30k per share. 70k per share (including premium) was due om allotment while 25k per share was due on each of the...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.