Which of the following affects the accuracy and authenticity of the trial balance?

Aduke Motors  bought three Toyota Hilux vans on cash at the cost of #6,000,000, on debiting the vehicle account, the corresponding credit for the purchase will appear in the

A cheque of #5,000 paid to Sulieman had been correctly entered in the cash book but had not been entered in Sulieman's account. To correct this error, debit Sulieman's account and credit

The concept which states that revenue should be recognized at the point when the sale is deemed to have been made is

One of the the differences between bookkeeping and accounting is that the former

<table><tbody><tr><td colspan="4" style="text-align: center;"><strong>Income and Expenditure (Extract)</strong></td></tr><tr><td style="width: 25%;"> </td><td style="width: 25%; text-align: right;">₦</td><td style="width: 25%;"> </td><td style="width: 25%; text-align: right;">₦</td></tr><tr><td style="width: 25%;">Bal. b/d</td><td style="width: 25%; text-align: right;">390</td><td style="width: 25%;">Expenses</td><td style="width: 25%; text-align: right;">300</td></tr><tr><td style="width: 25%;">Sales of tickets</td><td style="width: 25%; text-align: right;">4,000</td><td style="width: 25%;">New tool</td><td style="width: 25%; text-align: right;">510</td></tr><tr><td style="width: 25%;">Donations</td><td style="width: 25%; text-align: right;">3,000</td><td style="width: 25%;">Repairs</td><td style="width: 25%; text-align: right;">400</td></tr><tr><td style="width: 25%;">Subscriptions</td><td style="width: 25%; text-align: right;">6,500</td><td style="width: 25%;">Electricity</td><td style="width: 25%; text-align: right;">350</td></tr></tbody></table><p>What is the balance carried down?</p>

<p><img alt="" class="alignnone size-full wp-image-302937" height="153" src="https://data.ulearngo.com/assets/88d94577-6b45-410e-9057-628ed9e273c6" width="300"/></p><p>Determine the closing stock.</p>

The formula for calculating depreciation using straight line method is

2014 JAMB UTME Accounts Past Questions

Which of the following affects the accuracy and authenticity of the trial balance?

Aduke Motors bought three Toyota Hilux vans on cash at the cost of #6,000,000, on debiting the vehicle account, the corresponding credit for the purchase will appear in the

A cheque of #5,000 paid to Sulieman had been correctly entered in the cash book but had not been entered in Sulieman's account. To correct this error, debit Sulieman's account and credit

The concept which states that revenue should be recognized at the point when the sale is deemed to have been made is

One of the the differences between bookkeeping and accounting is that the former

Income and Expenditure (Extract) ₦ ₦Bal. b/d390Expenses300Sales of tickets4,000New tool510Donations3,000Repairs400Subscriptions6,500Electricity350What is the balance carried down?

Determine the closing stock.

The formula for calculating depreciation using straight line method is