2006
DateStockQty. (units)Cost/Price (#)JulyBal. b/d2 0002.00Aug.Purchases10 0002.50Sept.Purchases20 0003.00Oct.Sales8 0003.50Nov.Sales23 0004.00Assuming the closing stock was valued at N19 000 at the end of November, what wa…
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2006 JAMB UTME Accounts Past Questions
2006
Determine the opening cash balance of the club?
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2006
In converting a to a partnership company, the loss on asset revaluation is?
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2006
MPOBA Club's annual donations from members amount to 112% of its internally generated revenue from the following.Sales of drinks...................₦212 500Annual dues.......................₦112 000How much is the total r…
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2006
Boro Limited apportion 1/6 of its rent for factory and 10% of the balance for warehouse. If rent paid is ₦48 600, how much is paid for warehouse?
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2006
Given:Subscriptions received.........₦200 000Subscriptions owed.............₦10 000Subscriptions in advance.......₦25 000Calculate the subscription in the income and expenditure account?
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2006
Given:....................January.............DecemberAssets................₦28,320.............₦25,320Creditors.............₦5,620..............₦10,320The proprietor made drawings of ₦755 per month for personal use.The…
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2006
When goodwill is not retained in the business, the entries in the new partners' book will be to debit?
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2006
Departmentalization of accounts is useful because it shows the?
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2006
Use the information below to answer the questionPrime cost..................₦12 100 Lighting....................₦10 000 Heating.....................₦15 000 Factory overhead............?The production department's shar…
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2006
Use the information below to answer question .Prime cost..................₦12 100Lighting....................₦10 000Heating.....................₦15 000Factory overhead............?The production department share of facto…
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2006
Stock 1/1/2002..................................₦40 000Goods received from head office.................₦800 000Goods returned to head office...................₦34 000Sales...........................................₦91600…
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2006
Use the information below were to answer questions ...................Stationary Dept.............Video Dept.Sales ..............₦10,600.....................₦15,175Cost of goods sold..₦5,247......................₦6704The…
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2006
Use the information below were to answer questions ...................Stationary Dept.............Video Dept.Sales ..............₦10,600.....................₦15,175Cost of goods sold..₦5,247......................₦6704The…
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2006
Given:Stock of raw materials 1/40............₦11 150Purchases of raw materials.............₦112 550Raw material returned..................₦31 150Stock of Raw materials 31/12/04........₦27 150Calculate the cost of raw mat…
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2006
Use the information below to answer questionCapital.................................₦60 000Bank....................................₦12 500General expenses........................₦5 250Creditors...........................…
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2006
Use the information below to answer questionCapital.................................₦60 000Bank....................................₦12 500General expenses........................₦5 250Creditors...........................…
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2006
Adaobi mistakenly entered ₦7000 as credit sales in Abba's account. This is?
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2006
Stationary which will be used over a long period of time is usually recorded as an expense instead of an asset. This concept is called?
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2006
which of the following is source of document for the preparation of debtors' ledger account?
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