2010
As evidence of payments to a government ministry, the revenue collectors will issue
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2010 JAMB UTME Accounts Past Questions
2010
In the not-for-profit-making organization, the excess of income over expenditure is
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2010
Three Column Cash Book (Extract)DateParticularsCash (₦)Bank (₦)ParticularsDateCash (₦)Bank (₦)1.Bal b/d30004000Electricity52003002.Cash Sales1000 Purchases63000 3.Fatima2000 Ahmad7 5004.Baffa200300Khadiga8200 Calculate t…
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2010
Calculate the provision to be taken to the balance sheet?
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2010
Use the information below to answer questions 16 and 17.Sundry debtor..................₦20,000Provision for bad debts........₦500Provision for bad debt at 4% of sundry debtors.Determine the provision for bad debts to pro…
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2010
An increase in government expenditure within a year is taken care of by means of?
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2010
An ordinary share of ₦80 was issued at ₦96. The share was issued at?
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2010
The financial plan of the government for a year is contained in the?
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2010
Sundry debtors in the balance sheet of Onoja Bakery and Sons totaled ₦800,000.A provision of 2% was made for discount and 5% provision for bad and doubtful debts.Find the amount for sundry debtors after provision?
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2010
The directors' salaries paid are items of?
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2010
Given:₦6 000 10% preference shares of ₦0.50 each ₦6 000 ordinary shares of ₦1 each Capital reserves ₦2 700 000Long-term liabilities ₦4 000 000Find the value of authorized share capital?
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2010
The capital contribution by the partners is treated in the?
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2010
The interest on partners' loans is?
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2010
The rules which govern the internal management of a firm and its financial affairs in a partnership business is a?
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2010
The salary of a partner is usually debited to the?
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2010
Which of the following is mostly used in treating partners' current earnings?
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2010
Goods returned to branch by customers is recorded in the head office books be debiting?
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2010
The branch expenses paid by the head office is recorded in the books by debiting branch?
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2010
If goods were returned to branch by the customers, the correct posting for this transaction is to debit?
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2010
The Akachala Limited has four department W, X Y and Z. The profits or loss of the departments were ₦20 000 loss, X ₦25 profit, Y were ₦30 000 loss and Z ₦1800 profit. How much is the net profit or loss of the company?
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