by Sunday | Nov 28 | Accounting JAMB
Purchase ledger opening balance N4,000 sales ledger opening balance N6,000 credit purchase N25,000 Discounts allowed N1,000 Returns inwards N2,000 Credit sales during the year N10,000 Return outwards N6,000 A. N29,000 B. N24,000 C. N4,000 D. N23,000 Correct...
by Sunday | Nov 28 | Accounting JAMB
Purchase ledger opening balance N4,000 sales ledger opening balance N6,000 credit purchase N25,000 Discounts allowed N1,000 Returns inwards N2,000 Credit sales during the year N10,000 Return outwards N6,000 A. N13,000 B. N10,000 C. N 6,000 D. N3,000 Correct...
by Sunday | Nov 28 | Accounting JAMB
Direct material N2,500 Direct labour N5,000 Direct expenses N1,000 Overhead expenses N1,500 A. N6,500 B. N 8,500 C. N6,000 D. N7,500 Correct Answer: Option B – N 8,500 Explanation Prime cost is the direct cost of a commodity in terms of the...
by Sunday | Nov 28 | Accounting JAMB
A. the efficacy of assets B. a company’s shareholding C. company’s economic resources D. an entity’s management Correct Answer: Option C – company’s economic resources Explanation The accounting profession is no different. Foremost among...
by Sunday | Nov 28 | Accounting JAMB
A. the various location of errors in the various accounts B. up to date bank transactions C. the payment of debts and liabilities of the firm D. assets distribution with respect to income Correct Answer: Option A – the various location of errors in the various...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.