2020
The major feature of a journal is that it has
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2020 JAMB UTME Accounts Past Questions
2020
A major cause of discrepancy between the bank statement and the cashbook that overstates the bank statement balance is the
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2020
Use the information below to answer this question ₦ Total current assets 2000 Total fixed assets 4000 Current liabilities 1200 Drawings 200 Long term loan 2000What is the…
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2020
Use the information below to answer this question ₦ Total current assets 2000 Total fixed assets 4000 Current liabilities 1200 Drawings 200 Long term loan 2000Calculate t…
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2020
One of the major features of book keeping is that it
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2020
The amount of subscriptions accrued is reported in the balance sheet under
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2020
Accrual accounting differs from cash accounting because it recognizes
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2020
Use the following information below to answer this questionFive hundred naira monthly is allowed on an imprest system. The following transactions took placePeriod 1: ₦ Cash advanced to petty cashi…
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2020
Use the following information below to answer this questionFive hundred naira monthly is allowed on an imprest system. The following transactions took placePeriod 1: ₦ Cash advanced to petty cashi…
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2020
The rule of accounting equation requires that account payable should be placed under
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2020
In a control account, provision for bad debts is found on the
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2020
Given ₦ Stock (1/4/94) 800 Purchases of flour 2,450 Sales 4,745 Wages of bakery staff 675 Carriage outwards 50 Salary of admi…
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2020
Danjuma Ltd. bought 10 bags of rice for N500 each. The company was given 5% and 12% trade and cash discounts respectively. What will be recorded as discount received in the company's book?
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2020
Which of the following errors will affect the trial balance total?
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2020
Use this information below to answer this question ₦ Capital: Opening balance 307,000 Closing balance 342,000 Net profit for the period 121,600 Purchase…
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2020
Use this information below to answer this question ₦ Capital: Opening balance 307,000 Closing balance 342,000 Net profit for the period 121,600 Purchase…
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2020
₦ Bank account 59,410 Capital account 50,000 Purchases account 20,000 Rent 2,500 Stationery 90 Typewriter 6,500 Sales…
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2020
In preparing accounting records, the owners of a business and the business are treated as
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2020
Which of the following accounting records are source documents?
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2020
Under which of the following conditions is a partnership dissolved?
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