by Sunday | Dec 1 | Accounting JAMB
A. debit and credit notes B. ledger and subsidiary books C. prepayments and accruals D. profit and loss and balance sheet Correct Answer: Option B – ledger and subsidiary books
by Sunday | Dec 1 | Accounting JAMB
A. private, sales and purchases B. personal, general and private C. general, private and sales D. sales, purchases and general Correct Answer: Option B – personal, general and private
by Sunday | Dec 1 | Accounting JAMB
A. Error of omission B. Error of commission C. Error of transposition D. Error of original entry Correct Answer: Option C – Error of transposition
by Sunday | Dec 1 | Accounting JAMB
A. cash account B. bank account C. suspense account D. purchases account Correct Answer: Option B – bank account
by Sunday | Dec 1 | Accounting JAMB
A. matching B. consistency C. realization D. going concern Correct Answer: Option C – realization