[ Post UTME Begins ]: View The List Of Schools That Have Released 2026 Post-UTME Forms.
Your School's Whatsapp Group - Join Us now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
  1. Home
  2. Classroom
  3. Accounts - Principles of Accounts
  4. JAMB 2006

Accounts - Principles of Accounts 2006 JAMB Past Questions

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

WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post UTME Past Questions Agent
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
16
A private company is different from a public company because?
  • A. it does not restrict the right to transferits shares
  • B. it cannot invite members of the public to subscribe for its shares
  • C. its shares are owned by one person
  • D. it can only offer its shares to members of the publicfor subscription
View Answer & Discuss JAMB 2006
17
The use of a three-column cash book is determine by?
  • A. cash discounts
  • B. trade discounts
  • C. cash transactions
  • D. bank transactions
View Answer & Discuss JAMB 2006
18
A major factor that enhanced the early development of accounting is the?
  • A. Industrial Revolution
  • B. growing of trade and commerce
  • C. development of arithmetic
  • D. invention of writing
View Answer & Discuss JAMB 2006
Your School's Whatsapp Group - Join Us now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
19
which of the following is source of document for the preparation of debtors' ledger account?
  • A. Debit note
  • B. General journal
  • C. Purchases invoice
  • D. Sales invoice
View Answer & Discuss JAMB 2006
20
Stationary which will be used over a long period of time is usually recorded as an expense instead of an asset.
This concept is called?
  • A. entity
  • B. materiality
  • C. realization
  • D. accrual
View Answer & Discuss JAMB 2006
Start a Free Practice Test
 
Your School's Whatsapp Group - Join Us now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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