2023
Which of the following has the ultimate control of a company?
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2023 JAMB UTME Accounts Past Questions
2023
Factory overheads are also known as
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2023
Which of the following is not an advantage of control account?
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2023
The following was extracted from the books of MEGA COMPANY NIG. LTD₦Trade debtors350,000Fixtures and fittings600,000Cash at bank25,000Cash in hand5,500Trade creditors116,500Bank overdraft7,500Building950,000Motor van35,…
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2023
In company account, dividend payments are effected in which of the following accounts?
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2023
Income and Expenditure account is the same as the --------- of a sole trader
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2023
The Accounting term used to describe a partnership firm that stops operation and disposes its assets is
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2023
The purchases ledger control account is also known as
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2023
Which of the following expenses is *not* apportined in proportion to turnover?
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2023
Which of the following is charged to trading account?
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2023
The short term solvency of a company is determined with ------- ratio
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2023
The assumption that a business will continue to exist into the foreseeanle future is recognized by a concept called
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2023
Shares are said to be authorized when they are
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2023
Which of the following is found on the credit side of a profit and loss account?
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2023
Current assets are shown in the balance sheet in order of performance as
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2023
₦Manufacturing wages42,000Factory rent880Raw materials: Stock 1/1/161,000Purchases16,000Stock 31/12/161,400Depreciation of Plants and Machinery800Royalties300Indirect wages18,000General indirect expenses620What is the v…
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2023
₦Manufacturing wages42000Factory rent880Raw materials: Stock 1/1/161000Purchases16000Stock 31/12/161400Depreciation of Plants and Machinery800Royalties300Indirect wages18,000General indirect expenses620The prime cost is…
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2023
₦Manufacturing wages42,000Factory rent880Raw materials: Stock 1/1/161,000Purchases16,000Stock 31/12/161,400Depreciation of Plants and Machinery800Royalties300Indirect wages18,000General indirect expenses620Calculate the…
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2023
The document which is legal charter of a company that defines the limits of a company's field of operation is known as
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2023
Larry Limited has 4,000,000 ordinary shares of 50k each and 150,000 5% prefrence shares of ₦1 each fully paid. ₦Net profit for the year90,000Interim dividends paid: Ordinary shares25,000Profit and loss appropriation b/f1…
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