by Sunday | Nov 30 | Accounting JAMB
A. a price above or below the stipulated price B. any price but not below the transfer price C. cost price D. a price that is equal to the mark-up Correct Answer: Option B – any price but not below the transfer price Explanation Cost-plus pricing is a pricing...
by Sunday | Nov 30 | Accounting JAMB
Badge Plc issued 450,000 ordinary shares of 50k each at #1.50 per share Application and allotment 45k 1st call 50k 2nd call 55k A. #225,000 B. #236,250 C. #247,500 D. #202,500 Correct Answer: Option C –...
by Sunday | Nov 30 | Accounting JAMB
A proprietor started business with #13,000. Assets and liabilities at the end of the year; fixed assets #8,800, stock #, 600, debtors #1,000, cash #3, 000 and creditors #1,000. Determine the profit for the year? A. #2,400 B. #3,000 C. #9,800 D. #1,400 Correct Answer:...
by Sunday | Nov 30 | Accounting JAMB
A. single entry B. real accounts C. nominal accounts D. double entry Correct Answer: Option A – single entry Explanation A single entry system records a transaction with a single entry and only maintains one side of every...
by Sunday | Nov 30 | Accounting JAMB
Turaki Youth Club Income and Expenditure for the year ended 31/12/04 Bal.b/d 390 Expenses on cleaning = #300 Sales of – New tool = #510 trickets 4,000 Repairs = #400 Donations 3,000 Electricity = #350 Subscription = #6,500 A. #10,500 B. #13,500 C. #13,890 D....
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.