by Sunday | Dec 5 | Accounting JAMB
Use the information below to answer questions ……………………1/7/2005…………30/6/2006 Drawings……………………………….N3 000...
by Sunday | Dec 5 | Accounting JAMB
Given: Opening capitaL…………….N7 000 Additional capital………….N3 500 Net……………………….N2 500 Closing……………………N10 250 A....
by Sunday | Dec 5 | Accounting JAMB
Use the information below to answer question An asset was purchase for N343m in 2003. The estimated life of the asset was 3 years with a residual value of N28m. A. N63m B. N133m C. N36m D. N28m Correct Answer: Option D –...
by Sunday | Dec 5 | Accounting JAMB
A. a partner’s current account B. a partner’s capital account C. the profit and loss account D. the profit and loss appropriation account Correct Answer: Option A – a partner’s current account
by Sunday | Dec 5 | Accounting JAMB
Use the information below to answer question An asset was purchase for N343m in 2003. The estimated life of the asset was 3 years with a residual value of N28m. A. N210m B. N343m C. N105m D. N270m Correct Answer: Option C –...