by Sunday | Nov 28 | Accounting JAMB
A. debit cash book and credit drawer B. credit cash book and debit drawer C. debit cash book and credit suspense account D. credit cash book and debit suspense account Correct Answer: Option A – debit cash book and credit drawer Explanation In posting accounting...
by Sunday | Nov 28 | Accounting JAMB
A machine bought for N35,000 was estimated to have a life span of 5 years with a scrap value of N9,000. A. N8,800 B. N6,500 C. N5,200 D. N4,400 Correct Answer: Option C – N5,200 Explanation 35000 – 9000 = 26000 26000 * 1/5 =...
by Sunday | Nov 28 | Accounting JAMB
A. commercial B. manufacturing C. service D. Extractive Correct Answer: Option A – commercial Explanation Commercial farming occurs when a farm is set up for the sole purpose of producing crops and farm animals for sale, with the sole intention of making a...
by Sunday | Nov 28 | Accounting JAMB
A. Cash book B. Sales day book C. Petty cash book D. Returns inwards Correct Answer: Option B – Sales day book Explanation The sales day book, also known as the sales book, is a ledger covering, in detail, all credit sales transactions during the day. These...
by Sunday | Nov 28 | Accounting JAMB
A. nominal roll of employees B. records of number of hours worked C. effort of the employee D. Record of independence per employee Correct Answer: Option B – records of number of hours worked Explanation The number of hours worked is the period of time that a...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.