by Sunday | Nov 30 | Accounting JAMB
A. 20,000 B. 18,000 C. 15,000 D. 12,000 Correct Answer: Option A – 20,000 Explanation Allotment = 500,000 = 0.4 or 40% ∴ Each subscriber would get 40% shares of what they applied for. ∴ 50,000 x 0.4 = 20,000...
by Sunday | Nov 30 | Accounting JAMB
A. Market price B. Average method C. FIFO D. Standard price Correct Answer: Option B – Average method Explanation An average method which accommodate all the prices and then divide (inform of mean) is well acceptable in either of the two...
by Sunday | Nov 30 | Accounting JAMB
A. N16,000 B. N17,000 C. N13,000 D. N14,000 Correct Answer: Option B – N17,000 Explanation 15000 + 2000 = 17,000
by Sunday | Nov 30 | Accounting JAMB
A. contra entry B. single entry C. journal entry D. memorandum entry Correct Answer: Option D – memorandum entry Explanation A memorandum entry is not a complete journal entry because it does not contain debit and credit amounts e.g. stock split which does not...
by Sunday | Nov 30 | Accounting JAMB
A. adds or contributes to the operating income of the business B. necessitates the introduction of additional capital C. reduces the capital of the business D. adds to or improves the value of fixed assets Correct Answer: Option A – adds or contributes to the...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.