[ Post UTME Begins ]: View The List Of Schools That Have Released 2026 Post-UTME Forms.
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
  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 Agent
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
171
The difference between the factory cost of production and the prime cost of production is?
  • A. direct materials
  • B. direct labour
  • C. selling expenses
  • D. overhead
View Answer & Discuss JAMB 1999
172
Receipt and payments account of a non-profit making organization is principally a summary of the?
  • A. bak entries
  • B. cash bok entries
  • C. expenditure entries
  • D. balance sheet entries
View Answer & Discuss JAMB 1999
173
Given:
Club N150
Cash sales N4,850
Club debtors at close N900
Cash received from debtors N550

What is the amount of club sales?
  • A. N6,150
  • B. N4,850
  • C. N4,650
  • D. N1,300
View Answer & Discuss JAMB 1999
Post UTME Past Questions Agent
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
174
A credit balance on a receipt and payments account indicates that the non-profit making organization?
  • A. had more revenues than expenses during the period
  • B. did not owe much liabilities during the period
  • C. received more cash than it paid out during the period
  • D. made more cash payments than it received during the period
View Answer & Discuss (3) JAMB 1999
175
Goodwill can be valued in partnership when?
  • A. a partners make profits
  • B. large losses are made
  • C. a partner retires
  • D. a new branch is opened
View Answer & Discuss (2) JAMB 1999
Start a Free Practice Test
 
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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
Post UTME Past Questions Agent