2012
The power to appoint the Auditor General of the Federation is vested in the
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2012 JAMB UTME Accounts Past Questions
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2012
The Petroleum Technology Development Fund is under the
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2012
The book into which all types of a ministry's expenditure are recorded is the
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2012
Which of the following is a source of revenue to the federation account?
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2012
Purchasers - #44,880Sales - #85,850Trade creditors - #12,250Trade debtors - #24,000Accrued expenses - # 350Prepaid expenses - # 700Stock 1/1/2006 - #25,120Stock 31/12/2006 - #27,840Determine the number of times stock was…
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2012
Purchasers - #44,880Sales - #85,850Trade creditors - #12,250Trade debtors - #24,000Accrued expenses - # 350Prepaid expenses - # 700Stock 1/1/2006 - #25,120Stock 31/12/2006 - #27,840Calculate the acid test ration
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2012
Investment at cost of a company is to be disclosed under
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2012
When shares are oversubscribed and money returned to unsuccessful applicants, the entry to record such money is to debit
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2012
Given:1. The Memorandum of Association of the Company11.The Article of Association of the Company111. The Incorporation documentsFrom the above, which of the following is delivered to the Registrar of companies for incor…
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2012
In converting a partnership into a limited liability company, the necessary accounts to be opened in the books of the company are
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2012
Ngozi and Musa with a capital of #30,000 each decide to admit Mary into the partnership business with a capital of #20,000 and goodwill #15,000.If the profits and losses are to be shared equally, the journal entries to r…
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2012
In what way can goodwill be written off in a partnership business?
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2012
The partners capital are: Modibbo #60,000And Jakata #90,000. The partners shareProfit and losses in the ratio of their capital Contributions.The net profit for the year is #12,000.What is Jakata's sharing ratio?
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2012
The partners capital are: Modibbo #60,000And Jakata #90,000. The partners shareProfit and losses in the ratio of their capital Contributions.The net profit for the year is #12,000.Find Modibbo's share of the profit
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2012
Which of the following methods of invoicing goods to branches facilitate easy checks on the activities of branches?
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2012
In the head office ledger, the value of goods sent to the branch are
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2012
Given:Fixtures-#30,000Debtors-#7,000Stock- #8,000Creditors-#3,000Goodwill-#10,000Determine the capital
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2012
The excess revenue over expenditure is charged to
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2012
The main advantage of a departmental account is that its
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2012
Total production cost- #360,000Factory overhead cost- #56,000Selling price per unit- # 120Production volume 4000 unitsDetermine the value of prime cost
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