by Sunday | Nov 28 | Accounting JAMB
A. conversion B. dissolution C. merger D. absorption Correct Answer: Option C – merger Explanation A merger is an agreement that unites two existing companies into one new company. There are several types of mergers and also several reasons why companies...
by Sunday | Nov 28 | Accounting JAMB
A. accepted B. discounted C. surrendered D. cashed Correct Answer: Option B – discounted Explanation A bill discounting involves effectively selling a bill to a bank for an amount that is slightly less than the par value and before the maturity date associated...
by Sunday | Nov 28 | Accounting JAMB
A. credit as a factor in business B. payments for goods in cash C. increased financial activities D. government intervention Correct Answer: Option C – increased financial activities Explanation Financing activities are transactions or business events that...
by Sunday | Nov 28 | Accounting JAMB
A cash book had a opening balance of N15,200, closing balance of N18,400 and total cash received during the period of N36,000. What was the amount of cash paid out during the same period? A. N29,200 B. N17,800 C. N32,800 D. N19,600 Correct Answer: Option C –...
by Sunday | Nov 28 | Accounting JAMB
subscription received during the year N30,000. Subscription owed last year N4,000. subscription received for next year N6,000. A. N20,000 B. N30,000 C. N34,000 D. N36,000 Correct Answer: Option D – N36,000 Explanation An income and expenditure account is...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.