by Sunday | Dec 4 | Accounting JAMB
A. Sule 1/3, Ahmad 1/3 and Khadija 1/3 B. Sule 1/5, Ahmad 15 and Khadija 3/5 C. Sule 2/5, Ahmad 2/5 and Khadija 1/5 D. Sule 2/5, Ahmad 1/5 and Khadija 2/5 Correct Answer: Option C – Sule 2/5, Ahmad 2/5 and Khadija 1/5 Explanation Recall that Sule and Ahmed have...
by Sunday | Dec 4 | Accounting JAMB
A. Debtors and cash in transit B. Creditors and cash in transit C. Stock and cash in transit D. Stock and prepayments Correct Answer: Option A – Debtors and cash in transit
by Sunday | Dec 4 | Accounting JAMB
A. record charges in shareholdings B. record charges in liabilities C. check the excesses of customers D. check and monitor the growth of individual branches Correct Answer: Option D – check and monitor the growth of individual branches Explanation The primary...
by Sunday | Dec 4 | Accounting JAMB
i. Space occupied by each department. ii. Average value of stock held by each department. iii. Departmental turnover. iv. Number of articles sold by each department . A. i and ii B. i and iii C. ii and iii D. iii and iv Correct Answer: Option B – i and...
by Sunday | Dec 4 | Accounting JAMB
Given: Furniture and fittings………………N20,000 Equipment………………………….N15,000 Bank overdrafts…………………….N6, 500 Bar...