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Accounts - Principles of Accounts 2024 JAMB Past Questions

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36

The reward given to debenture holder is

  • A. interest
  • B. dividend
  • C. profit
  • D. premium
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37

Ordinary shares are also known as

  • A. net worth
  • B. equity
  • C. loan
  • D. reserve
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38

A person who prepares, analyses and interprets financial statements is known as a/an

  • A. cashier
  • B. book keeper
  • C. accountant
  • D. analyst
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39

Peripherals are used in computer to describe

  • A. inputs, output and storage devices
  • B. computer types
  • C. method of inputting data
  • D. computer functions
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40

When manufactured goods are transferred to the trading account at the market price, the difference is credited to the

  • A. manufacturing account
  • B. balance sheet
  • C. trading account
  • D. profit and loss account
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