by Sunday | Nov 29 | Accounting JAMB
i. partnership is dissolved ii. There is an amalgamation of partnership iii. There is a change in the profit or loss sharing ratio Iv. Intangible asset increase A. I,II and IV B. I and III C. I, II and III D. I, III and IV Correct Answer: Option C – I, II and...
by Sunday | Nov 29 | Accounting JAMB
A. complex B. quantitative C. relevant D. qualitative Correct Answer: Option C – relevant Explanation The first thing to be considered when gathering data is the relevance and usefulness of the data or information before considering the qualitative aspect and...
by Sunday | Nov 29 | Accounting JAMB
A. To record assets and liabilities B. To update income and expenses C. to update master files D. to make organization decision Correct Answer: Option C – to update master files Explanation The main purpose of organization file is to update the master file of...
by Sunday | Nov 29 | Accounting JAMB
A. original entry B. contra entry C. prime entry D. contract entry Correct Answer: Option B – contra entry Explanation contra entry is used to offset amount or same transaction against another on both side of the...
by Sunday | Nov 29 | Accounting JAMB
A. Sales day book B. Sales return journal C. Purchases day journal D. Cash book Correct Answer: Option B – Sales return journal Explanation Sales return journal otherwise called return inward book is meant for the recording of all goods returned by the...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.