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Accounts - Principles of Accounts 2024 JAMB Past Questions

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16

An example of accounts in the nominal ledger is

  • A. debtors
  • B. drawings
  • C. creditors
  • D. machineries
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17

Which of the following is an example of a device that can be used for input, storage, and output in a computer system?

  • A. Central processing unit (CPU)
  • B. Keyboard
  • C. USB flash drive
  • D. Monitor
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18

Shares issued free of charge to existing shareholders based on their previous holdings is __ issue

  • A. accrued
  • B. premium
  • C. floating
  • D. bonus
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19

The document used in making lodgments into a current account is

  • A. paying in -slip
  • B. cheque book
  • C. pass book
  • D. credit card
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20

The return on debenture holding is

  • A. share bonus
  • B. interest
  • C. net profit
  • D. dividend
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts