by Sunday | Nov 30 | Accounting JAMB
Use the information below to answer this question Segun Ojo, didn’t keep her books on double principle. On 1st Jan, 2014, cash in hand was 850, bank overdraft 3500, debtor 15,500,stock 18,000, fittings 9,000 and creditors 12,700. As at Dec, 2014, cash in hand was...
by Sunday | Nov 30 | Accounting JAMB
A. accrual basis B. cost basis C. revenue basis D. cash basis Correct Answer: Option D – cash basis Explanation This is the basis for recording in government accounting where revenue are recorded when cash is...
by Sunday | Nov 30 | Accounting JAMB
A. Branch stock B. Goods set to branch account C. Branch adjustment account D. Branch debtors account Correct Answer: Option D – Branch debtors account Explanation Branch debtors account is used to exercise control over branch debtors. It is maintained when the...
by Sunday | Nov 30 | Accounting JAMB
A. creditors B. debtors C. investors D. shareholders Correct Answer: Option B – debtors Explanation The sales ledger control account is used to monitor the amounts owed by customers to your business. The sales ledger control account is also known as debtors...
by Sunday | Nov 30 | Accounting JAMB
A. conversion B. control C. allocation D. analysis Correct Answer: Option B – control
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.