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Accounts - Principles of Accounts 2010 JAMB Past Questions

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46

Credit sales is given at 160% of cash received.

What is the balance c/d?

debit 64300

 

  • A. N333 000
  • B. N234 000
  • C. N343 000
  • D. N243 000
View Answer & Discuss (3) JAMB 2010
47

When Your Silence Is Loud..& Your Eyes Speaking Volumes..

Calculate the value of credit sales

  • A. N484 000
  • B. N448000
  • C. N584 000
  • D. N558 000
View Answer & Discuss JAMB 2010
48

If Fatima was granted a discount of 2% what will be discount allowed?

  • A. N20
  • B. N40
  • C. N60
  • D. N4
View Answer & Discuss (1) JAMB 2010
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49

Calculate the cash balance after the discount

  • A. N2760
  • B. N4 300
  • C. N6 200
  • D. N2.400
View Answer & Discuss JAMB 2010
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