by Sunday | Dec 2 | Accounting JAMB
At the end of a financial period, the trading profit and loss account of a sole trader shows a profit of #180,000. it is however discovered that revenue of #15,000 is recorded as expenses while expenses of #4,000 is recorded as revenue. A. #210,000 B. #202,000 C....
by Sunday | Dec 2 | Accounting JAMB
A. has no sufficient cash with the bank B. has no account with the bank C. does not reside in the bank’s country D. does not possess the domestic currency Correct Answer: Option A – has no sufficient cash with the bank Explanation You can’t transfer...
by Sunday | Dec 2 | Accounting JAMB
A. a bank teller B. a credit card C. a recharge card D. ATM card Correct Answer: Option D – ATM card Explanation ATM is a machine that dispenses cash or performs other banking services when an account holder inserts a bank card. For one to withdraw money from...
by Sunday | Dec 2 | Accounting JAMB
A. bank column (debit) B. bank column(credit) C. cash column(debit) D. cash column(credit) Correct Answer: Option B – bank column(credit) Explanation Dishonoured cheques will be recorded on the credit side, write “By Debtor A/C” with respective...
by Sunday | Dec 2 | Accounting JAMB
A. purchases #12,000 and credit Ibrahim #12,000 B. purchases #12,000 and credit sugar account #12,000 C. Jide #12,000 and credit purchases D. Ibrahim #12,000 and sugar account #12,000 Correct Answer: Option A – purchases #12,000 and credit Ibrahim #12,000...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.