by Sunday | Dec 5 | Accounting JAMB
A. selling price B. Akure price C. company price D. Lagos price Correct Answer: Option C – company price
by Sunday | Dec 5 | Accounting JAMB
Given: (i) Cost price (ii) Selling price (iii) Cost plus fixed percentage (iv) Price above cost and selling price A. i and ii B. i, ii and iii C. i, ii, iii and iv D. iii and iv Correct Answer: Option B – i, ii and...
by Sunday | Dec 5 | Accounting JAMB
A. record transactions for each department for betterdocumentation B. tackle any recording problem as a result of expansion C. continuously evaluate the profitability of different departments D. ensure that departmental mangers are adequately monitored Correct Answer:...
by Sunday | Dec 5 | Accounting JAMB
Given: Subscription in arrears 01/10/06………..N2 000 Subscription in advance 01/10/06………..N1 500 Subscription paid during the year……….N7 000 Subscription in arrears 31/12/06………..N3 000 A. N3500 B....
by Sunday | Dec 5 | Accounting JAMB
A. debtors B. creditors C. prepayment D. depreciation Correct Answer: Option C – prepayment