by Sunday | Dec 5 | Accounting JAMB
A. debited with N10 000 B. credited with N10 000 C. debited with N500 D. credited with N500 Correct Answer: Option C – debited with N500
by Sunday | Dec 5 | Accounting JAMB
A. real entry B. special entry C. direct entry D. contra entry Correct Answer: Option D – contra entry
by Sunday | Dec 5 | Accounting JAMB
Given: …………….Cash Book…………………… Capital……….N6 500……..purchases…..N12 250 Sales…………N30...
by Sunday | Dec 5 | Accounting JAMB
Use the information below to answer the question Cash at bank Cash in hand Premises Land Creditors loan from friends/bank. A. i and ii B. i and v C. ii and iv D. iii and v Correct Answer: Option A – i and...
by Sunday | Dec 5 | Accounting JAMB
Use the information below to answer the question Cash at bank Cash in hand Premises Land Creditors loan from friends/bank. A. i and v B. ii and iv C. ii and vi D. iii and iv Correct Answer: Option D – iii and...