by Sunday | Dec 8 | Accounting JAMB
Total sales of ticket…………………..N300 000 Amount received from the sales…………..N260 000 Cash purchase of club house……………..N100 000 Credit purchase of equipment...
by Sunday | Dec 8 | Accounting JAMB
Total sales of ticket…………………..N300 000 Amount received from the sales…………..N260 000 Cash purchase of club house……………..N100 000 Credit purchase of equipment...
by Sunday | Dec 8 | Accounting JAMB
A. suspense account B. statement of affairs C. realization account D. trial balance Correct Answer: Option B – statement of affairs
by Sunday | Dec 8 | Accounting JAMB
A company has departments M and N. The expenses incurred wholly in M is N5000. General expenses incurred amount toN25000. Expenses are apportioned in the ratio 2:3 for departments M and N respectively. A. N10 000 B. N15 000 C. N18 000 D. N20 000 Correct Answer: Option...
by Sunday | Dec 8 | Accounting JAMB
………..PQ Manufacturing Company Raw materials (1/11/2001)………..N3 500 Raw materials (31/12/2001)……….N4 900 Purchase of raw materials………..N56 000 Salary...