[ Post UTME Begins ]: View The List Of Schools That Have Released 2026 Post-UTME Forms.
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 127076
  1. Home
  2. Classroom
  3. Accounts - Principles of Accounts
  4. JAMB 1995

Accounts - Principles of Accounts 1995 JAMB Past Questions

Clear Selections
Change Subject Post a Question Check Syllabus Study My Bookmarks Past Questions Videos Watch Video Lessons Download App

WAEC offline past questions - with all answers and explanations in one app - Download for free
Post UTME Past Questions Agent
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
46
Accumulated depreciation on the asset as at 31/12/81 was
  • A. N 2 487 500 .00
  • B. N 2 736 250 . 00
  • C. N 4 511 192.00
  • D. N 4 975 000 .00
View Answer & Discuss (2) JAMB 1995
47
THE BOOK VALUE OF THE ASSET AS AT 31/12/86 WAS
  • A. N 3 731 250.00
  • B. N 2 487 500.00
  • C. N 1 268 750.00
  • D. N1 020 000. 00
View Answer & Discuss (2) JAMB 1995
48
Trade creditors account was maintained at 25% of the capital.

What was the balance in the trade creditors account as at 31/12/92?
  • A. N 29 800
  • B. N 29 500
  • C. N29 400
  • D. N 29 000
View Answer & Discuss JAMB 1995
Post UTME Past Questions Agent
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 127076
49
What was the balance showed wages, N2 500 and a note stated that N 500 wages were due but unpaid when preparing final accounts and loss account with
  • A. N 3 000 and show wages accrued N 500 in the balance sheet
  • B. N2 000 and show wages accrued N500 in the balance sheet
  • C. N 3 000 and show wages perpaid N 500 in the balance sheet
  • D. N 2000 and show wages paid in advance N500 in the balace sheet
View Answer & Discuss (1) JAMB 1995
50
The trial balance showed wages, N2 500 and a note stated that N500 wages, were due but unpaid when preparing final accounts and loss account with
  • A. N 3000 and show wages accrued N 500 in the balance sheet in the balance sheet
  • B. N 2 000 and show wages accured N500 in the balance sheet
  • C. N 3000 and show wages prepaid N 500 in the balance sheet
  • D. N 2000 and show wages paid in advance N 500 in the balance sheet
View Answer & Discuss JAMB 1995
Start a Free Practice Test
 
Post UTME Past Questions Agent
WAEC offline past questions - with all answers and explanations in one app - Download for free
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 127076
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now