[ Post UTME Begins ]: View The List Of Schools That Have Released 2026 Post-UTME Forms.
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
  1. Home
  2. Classroom
  3. Accounts - Principles of Accounts

Accounts - Principles of Accounts Past Questions

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

Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Post UTME Past Questions Agent
Your School's Whatsapp Group - Join Us now
656
The principle of double entry system ensures?
  • A. mathematical accuracy in trial balance
  • B. balances at the bank
  • C. increase in the assets and liabilities
  • D. balance of cash account
View Answer & Discuss JAMB 2011
657
i) Deducted the smaller side figure from the bigger side figure .
ii) Add up both side
iii)Take the difference to the smaller and add to the smaller figure

The correct procedure for balancing account is?
  • A. ii, i and iii
  • B. i, iii and ii
  • C. ii, iii and i
  • D. i, ii and iii
View Answer & Discuss (1) JAMB 2011
658
Given:

Light expenses...................N400
Purchases........................N3,000
Sales............................N1,200
Creditors........................N2,250
Debtors..........................N50

Calculate the total of the trial balance?
  • A. N4,250
  • B. N3,500
  • C. N4,300
  • D. N3,450
View Answer & Discuss JAMB 2011
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Your School's Whatsapp Group - Join Us now
659
The major feature of a journal is that it has?
  • A. six columns, date, particulars, folio, amount, debit and credit
  • B. five columns, date particulars, folio, debit and credit
  • C. three columns, date particulars and folio
  • D. four columns, date particulars, folio and amount
View Answer & Discuss JAMB 2011
660

The medium of correcting errors whose differences are shown in the trial balance is by the use of?

  • A. debtors' account
  • B. creditor's account
  • C. suspense account
  • D. ledger account
View Answer & Discuss (1) JAMB 2011
Start a Free Practice Test
 
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
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now