Post UTME Past Questions Agent
Your School's Whatsapp Group - Join Us now

Accounts - Principles of Accounts 2004 JAMB Past Questions

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

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
Your School's Whatsapp Group - Join Us now
6
The receipt whose name appears on a cheque is called a?
  • A. payer
  • B. drawer
  • C. drawee
  • D. payee
View Answer & Discuss JAMB 2004
7
The imprest account is subsidiary to the?
  • A. ledger account
  • B. bank account
  • C. cash book
  • D. bank column
View Answer & Discuss (1) JAMB 2004
8
Zakari started a business in January 2000. He bought a shop costing N54,000 and stock worth N7,600. Profit for the year amounted to 22,100. His closing capital was N73,800.
Zakari's personal drawings amounted to?
  • A. N2,300
  • B. N9,900
  • C. N17,100
  • D. N19,500
View Answer & Discuss (1) JAMB 2004
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post UTME Past Questions Agent
9
The balance on the provision for depreciation account is?
  • A. added to fixed assets on the balance sheet
  • B. deducted from the fixed assets on the balance sheet
  • C. deducted from the profitand loss account
  • D. added to current liabilities of the account
View Answer & Discuss JAMB 2004
10
Given:
Rates paid during the year amounted to N2,250 at N125 per month and 1,035 was paid for electricity in the same period at N115 per month.
Determine the amount of prepaid rates?
  • A. N345
  • B. N750
  • C. N1,380
  • D. N1,500
View Answer & Discuss JAMB 2004
Start a Free Practice Test
 
Your School's Whatsapp Group - Join Us now
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now