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Accounts - Principles of Accounts 2006 JAMB Past Questions

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46
The value of Y is
  • A. N11 500
  • B. N 8 500
  • C. N13000
  • D. N10000
View Answer & Discuss JAMB 2006
47
X represents
  • A. bank charges
  • B. an unpresented cheque
  • C. dividends
  • D. an uncredited cheque
View Answer & Discuss JAMB 2006
48
Assuming the closing stock was valued at N19 000 at the end of November, what was the gross profit?
  • A. N30 000
  • B. N50 000
  • C. N70 000
  • D. N100 000
View Answer & Discuss JAMB 2006
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49
Determine the value of closing stock using the LIFO method
  • A. N2 000
  • B. N2500
  • C. N4000
  • D. N35000
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