by Sunday | Dec 3 | Accounting JAMB
Given: Balance as per cash book……………….N20,000 Unpresented cheques……………………N5, 200 Direct credit to the bank………………N1, 000 Direct debit from the...
by Sunday | Dec 3 | Accounting JAMB
A. Error by the bank B. Undercasting of the cash book C. Overcasting of the cash book D. Bank service charges Correct Answer: Option A – Error by the bank
by Sunday | Dec 3 | Accounting JAMB
A. customer to the bank B. bank to the customer C. bank to an employee D. customer to a fellow customer Correct Answer: Option A – customer to the bank Explanation Standing order is an instruction to a bank by an account holder or customer to make regular fixed...
by Sunday | Dec 3 | Accounting JAMB
A. the debit side of the cash book B. the credit side of the cash book C. the folio column of the cash book D. both credit and debit side of the cash book Correct Answer: Option D – both credit and debit side of the cash book Explanation A cash discount is a...
by Sunday | Dec 3 | Accounting JAMB
Period 1: ……..Cash to petty cashier………….N1000 ……..Petty cashier pays out…………N780 Period 2: ……..Petty cashier pays out…………N840 A. 160 B. 840 C. 1000 D. 1040...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
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