2007
Use the information below to answer questions.Entrance fees.........................₦1200Subscriptions(including ₦850 arrears).₦4310Donations received....................₦1500Proceeds from sales...................₦2300To…
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2007 JAMB UTME Accounts Past Questions
2007
A company has departments X, Y and Z. Department X occupies a space of Y while Z occupies half the space of Y. If the company pays ₦70 000 on rent, what is the amount of rent that should be allocated to Y?
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2007
Use the information below to answer the questionEntrance fees.........................₦1200Subscriptions (including ₦850 arrears)....₦4310Donations received....................₦1500Proceeds from sales...................₦…
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2007
Receipts and Payments Account ₦ ₦Bal. b/f1,000Salaries5,000Donations5,000Secretariat expenses5,000Subscriptions7,000Dance expenses5,000Sales of refreshments11,000Refreshments15,000Entertainment21,000Bal. c/d15,000 45,000…
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2007
Sales Ledger Control Accuont (Extract) ₦ ₦Bal. b/d18,400Bad debt written off1,500Sales?Discount allowed500 Cheque received from debtors25,000 Cash received from debtors10,000 Bal. c/d? If the discount allowed is 2.…
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2007
Sales Ledger ₦ ₦Bal. b/d20 000Sales returns10 000Sales40 000Discount allowed1 000 Bal. c/d? If cheques of ₦40 000 were received but a cheque of ₦8 000 was dishonoured, the amount owed was
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2007
Expense paid during the conversion of a partnership to a company are
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2007
In the trading and profit and loss account of a manufacturing organization, purchases are?
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2007
Goods worth N50 000 were sent at different times from head office to the branch during the year. By the end of the period, only N40 000 worth of goods had arrived at the branch. Which of the following is correct about th…
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2007
Receipts and Payments Account ₦ ₦Bal. b/f1,000Salaries5,000Donations5,000Secretariat expenses5,000Subscriptions7,000Dance expenses5,000Sales of refreshments11,000Refreshments15,000Entertainment21,000Bal. c/d15,000 45,000…
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2007
Sales Ledger Control Accuont (Extract) ₦ ₦Bal. b/d18,400Bad debt written off1,500Sales?Discount allowed500 Cheque received from debtors25,000 Cash received from debtors10,000 Bal. c/d? If the discount allowed is 2.…
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