2018
A provision for bad debt account had N33,800 at the beginning of the year and N4,220 at the close of the year. If bad debts are calculated at the rate of 1/20% of annual credit sales, what was the credit sales for the pe…
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2018 JAMB UTME Accounts Past Questions
2018
The fixed amount of money given to a petty cashier at the beginning of a period is called?
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2018
The basic role of accounting is to?
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2018
Kakaku limited with three departments has a total of N7,200,000 as net debtors for the year ended 31/12/2106. The company's policy, provides for 15%bad debt annually. Which of the following represents the total balance o…
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2018
Nsales20,000cost of sales10,000operating expenses2,500expenses prepaid included in operating expenses500Use the information above to answer the following question. What is the gross profit margin?
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2018
Nsales20,000cost of sales10,000operating expenses2,500expenses prepaid included in operating expenses500Use the information above to answer the following question. Calculate the net profit.
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2018
The accumulated fund of a non-trading concern can equally be referred to as?
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2018
The partnership deed normally specifies?
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2018
Tanko Ltd hadEarnings per share 47kDividends per share 30kPer value of each share N1.20market price per share NM1.50 What will be the price earnings ratio of the company?
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2018
Tanko Ltd hadEarnings per share 47kDividends per share 30kPer value of each share N1.20market price per share NM1.50 The company's earnings yield is?
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2018
In order to make the cash book balance equal to the bank statement, it is usually to add?
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2018
Bala ltd acquired the business of bello ltd and caused the separate existence of the latter company to terminate.
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2018
When a bill is negotiated to a bank , it is said to be?
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2018
The current growth in the volume of trading and financial dealings in nigerian is helped by?
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2018
A cash book had a opening balance of N15,200, closing balance of N18,400 and total cash received during the period of N36,000. What was the amount of cash paid out during the same period?
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2018
Subscription received during the year N30,000. Subscription owed last year N4,000. subscription received for next year N6,000. Use the details above to answer the following question.What is the subscription to be charge…
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2018
Subscription received during the year N30,000. Subscription owed last year N4,000. subscription received for next year N6,000. Use the details above to answer the following question.The N6,000 subscription received is?
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2018
A club received rent N10,000 and donation of N30,000. it paid N6,000 for entertainment and is still owing N16,000 . The balance of the receipts and payments account is
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2018
The main difference between the ordinary and preference shareholders is that?
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2018
For an incomplete record to provide necessary information, it must be converted to?
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