2009 JAMB UTME Accounts Past Questions

2009

In the not-for-profit-making organization, the excess of income over expenditure is?

2009

One of the reasons for the existence of the public sector is to?

2009

Which of the following is credited to the consolidated revenue fund?

2009

Replacement and renewal of fixed assets are?

2009

Expenditure incurred on consumables and goods for resale is?

2009

The book value per share is obtained by dividing?

2009

Provision for bad and double debts in companies final accounts is treated in?

2009

The second and final call account was debited with?

2009

Use the information below to answer questions 43 and 44.A company advertised and issued ₦750,000, 12% preference shares of ₦1 each to be issued at ₦1.50 per share. Applications for ₦1,370,000 were received at 30k per sha…

2009

In a partnership account, conversation of non-cash assets into cash is referred to as?

2009

If the capital of the partnership is unfixed, what is K's current accounts?

2009

Use the information to answer questions 40 and 41.Capital balances b/d:.....P.............₦20,000..........................K.............₦10,000Drawings:.................P.............₦2, 000..........................K..…

2009

Given:Net profit b/d.....................₦10,000Interest on capital:...M...........₦2, 000.......................K...........₦1, 000Partners' on salary....K...........₦800Interest on drawings...M...........₦500Profit sha…

2009

Sule and Ahmad are in partnership sharing profits and losses equally. If Khadija is admitted as new partner tot take 1/5 as her share, what is the new partner to take 1/5th as share, what is the new profit or loss sharin…

2009

Which of the following is a common cause of a discrepancy between head office and branch trial balance?

2009

One of the purposes of maintaining the account of a branch at the head office is to?

2009

Use the information to answer questions 334 and 35..........................Departments...........................P..........Q...........RSales value...............N?........₦23,400....N?Selling expenses..........₦1,100.…

2009

Use the information to answer questions 334 and 35..........................Departments...........................P..........Q...........RSales value...............N?........₦23,400....N?Selling expenses..........₦1,100.…

2009

I Space occupied by each department.Ii Average value of stock held by each department.Iii Departmental turnover.Iv Number of articles sold by each department .From the information above, the two most logical bases for ap…

2009

Given:Furniture and fittings..................₦20,000Equipment...............................₦15,000Bank overdrafts.........................₦6, 500Bar creditors...........................₦4,800Subscription in arrears....…

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