2023
Larry Limited has 4,000,000 ordinary shares of 50k each and 150,000 5% prefrence shares of ₦1 each fully paid.₦Net profit for the year90,000Interim dividends paid:Ordinary shares25,000Profit and loss appropriation b/f10…
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2023 JAMB UTME Accounts Past Questions
2023
When the goods are sold on credit to a buyer, the account receivable account will be
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2023
The document issued by a revenue collector as evidence of payment to a government ministry is a
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2023
Profit expressed in relation to cost of goods sold is
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2023
Which of the following is used in the public sector to monitor or control government expenditure?
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2023
The accounting system in which only one aspect of transaction is recorded is
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2023
Danladi Bako's Statement of Affairs as at 30/06/17 ₦ ₦Capital??Fixtures and fittings4,000 Stock20,500 Sundry debtors40,000Creditors18,000Bank?? 78650 78650What is the value of Dalandi Bako's capital?
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2023
Danladi Bako's Statement of Affairs as at 30/06/17 ₦ ₦Capital??Fixtures and fittings4,000 Stock20,500 Sundry debtors40,000Creditors18,000Bank?? 78,650 78,650What is his bank balance as at 30/06/17?
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2023
Which of the following concepts recognizes the principle of double entry?
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2023
Another name for control accounts is
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2023
The authority to transfer fund from one head to another within the same organization is called
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2023
Which of the following is not charged to manufacturing account?
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2023
The part of capital issued only at the time of liquidation of the company is
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2023
The journal has the following headings except
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2023
In the absence of a partnership agreement, a loan given to the partnership by a partner attracts interest of
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2023
Which of the following is prepared to ascertain the trader's capital under incomplete records?
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2023
Dairo and Segun are in partnership sharing profits and losses in the ratio 2:3 respectively. The information below relates to their business for the year ended 31st December, 2018. Drawings: ₦ Dairo…
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2023
Dairo and Segun are in partnership sharing profits and losses in the ratio 2:3 respectively. The information below relates to their business for the year ended 31st December, 2018. Drawings: ₦ Dairo 12000…
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2023
Which of the following is recorded in the folio column of the journal?
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2023
Bello withdraws cash from bank to office, this is called ---------- entry
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