by Sunday | Dec 3 | Accounting JAMB
A. treasury receipt B. receipts vourcher card C. treasury card D. stores receipts vourcher Correct Answer: Option B – receipts vourcher card Explanation A receipt voucher is a type of voucher which is typically issued by a certain business or an organization...
by Sunday | Dec 3 | Accounting JAMB
A. financial regulations B. virement C. warrant D. supplementary estimate Correct Answer: Option D – supplementary estimate Explanation Supplementary Budget / estimate is the request for additional funds by Ministries and Departments during the course of the...
by Sunday | Dec 3 | Accounting JAMB
A. premium B. par C. discount D. loss Correct Answer: Option A – premium Explanation Share premium is the amount by which the amount received by a company for a stock issue exceeds its face value. when shares are sold at an amount higher than the face value it...
by Sunday | Dec 3 | Accounting JAMB
Sundry debtors in the balance sheet of Onoja Bakery and Sons totaled N800. A provision of 2% was made for discount and 5% provision for bad and doubtful debts. A. N760 000 B. N744800 C. N744 000 D. N784 000 Correct Answer: Option A – N760 000 Explanation 5% x...
by Sunday | Dec 3 | Accounting JAMB
A. current liabilities B. profit and loss account C. trading account D. current account Correct Answer: Option B – profit and loss account
by Sunday | Dec 3 | Accounting JAMB
Given: N6 000 10% preference shares of N0.50 each N6 000 ordinary shares of N1 each Capital reserves N2 700 000 Long-term liabilities N4 000 000 A. 13 000 000 B. 12 000 000 C. 9 000 000 D. 15 700 000 Correct Answer: Option C – 9 000 000 Explanation 6000 x 0.50 =...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.