[ Post UTME Begins ]: View The List Of Schools That Have Released 2026 Post-UTME Forms.
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post UTME Past Questions Agent
  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
Your School's Whatsapp Group - Join Us now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
2281
Assuming the closing stock was valued at N19 000 at the end of November, what was the gross profit?
  • A. N30 000
  • B. N50 000
  • C. N70 000
  • D. N100 000
View Answer & Discuss JAMB 2006
2282
Determine the value of closing stock using the LIFO method
  • A. N2 000
  • B. N2500
  • C. N4000
  • D. N35000
View Answer & Discuss JAMB 2006
2283
If cheques of N40 000 were received but a cheque of N8 000 was dishonoured, the amount owed was
  • A. N9 000
  • B. N20 000
  • C. N 1000
  • D. N17 000
View Answer & Discuss (1) JAMB 2007
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Your School's Whatsapp Group - Join Us now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
2284
If the discount allowed is 2.5% of sales, calculate the closing balance in the sales ledger account
  • A. N 1400
  • B. N6 600
  • C. N16 600
  • D. N18 600
View Answer & Discuss JAMB 2007
2285
Given:

Calculate the surplus income.
  • A. N45 000
  • B. N44 000
  • C. N30 000
  • D. N14 000
View Answer & Discuss JAMB 2007
Start a Free Practice Test
 
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
Your School's Whatsapp Group - Join Us now