Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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Accounts - Principles of Accounts 2016 JAMB Past Questions

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Use the information below to answer the question that follows

\(\begin{array}{c|c}
Creditors & 3,000 & 4,000 \\
\hline
Debtors & ___ & 6,000 \\
\hline
\text{Cash received from debtors} & ___ & 35,000 \\
\hline
\text{cash paid to suppliers} & ____ & 25,000 \\
\hline
\text{Discount allowed} & _____ & 4,000 \\
\hline
\text{Discount received} & _____ & 4,200 \\
\end{array}\)
46
What is the total sales for the period?
  • A. N37,000
  • B. N36,000
  • C. N35,000
  • D. N40,500
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47
What is the total purchase for the period?
  • A. N30,200
  • B. N30,000
  • C. N25,000
  • D. N31,200
View Answer & Discuss JAMB 2016
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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 and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now