by Sunday | Dec 1 | Accounting JAMB
A. adjustment account B. head office sales C. head office goods account D. head office current account Correct Answer: Option C – head office goods account
by Sunday | Dec 1 | Accounting JAMB
A. an amount should be fixed as salary for partners B. interest on partners loan should be 25% C. interest should not be allowed on partners drawings D. profits and losses should not be shared equally Correct Answer: Option D – profits and losses should not be...
by Sunday | Dec 1 | Accounting JAMB
Hussaina Enterprises sent goods worth #800,000 at cost plus mark-up of 20% to its branch A. #150,000 B. #160,000 C. #170,000 D. #180,000 Correct Answer: Option D – #180,000
by Sunday | Dec 1 | Accounting JAMB
Hussaina Enterprises sent goods worth #800,000 at cost plus mark-up of 20% to its branch A. #600,000 B. #620,000 C. #640,000 D. #700,000 Correct Answer: Option B – #620,000
by Sunday | Dec 1 | Accounting JAMB
A. #130,000 B. #125,000 C. #80,000 D. #75,000 Correct Answer: Option D – #75,000