by Sunday | Nov 30 | Accounting JAMB
A. stock account credit drawings B. drawing account, credit stock account C. personal account credit cash account D. cash account, credit personal account Correct Answer: Option B – drawing account, credit stock account Explanation Journal Entry will be to debit...
by Sunday | Nov 30 | Accounting JAMB
A. stock account B. sales account C. total debtors control account D. total creditors control account Correct Answer: Option A – stock account
by Sunday | Nov 30 | Accounting JAMB
A. #300 B. #400 C. #600 D. #200 Correct Answer: Option B – #400 Explanation Rent pay per month is #200 so. #200 x 12month is #2400 then rent pay per year is #2800 #2800 – #2400 = #400
by Sunday | Nov 30 | Accounting JAMB
I. Members subscription II. Fines from members III. Donation IV. Loan from bank A. I, III, IV B. I, II, III C. I,II, IV D. I and IV Correct Answer: Option B – I, II, III Explanation Nonprofits can and do use the following sources of income to help them...
by Sunday | Nov 30 | Accounting JAMB
A. gross profit B. statement of affairs C. suspense account D. appropriation account Correct Answer: Option B – statement of affairs Explanation A Statement of Affairs is a document detailing a company’s assets and liabilities. Generally prepared by a...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.