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

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

WAEC and NECO CBT Software for Computers and Laptops - 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
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
2551

A partnership’s internal regulation are set out by________---

  • A. A constitution
  • B. A law
  • C. A deed
  • D. An article
View Answer & Discuss JAMB 2018
2552

Sule and Ahmed are in partnership sharing profit and losses equally. If Khadija is admitted as a new partner to take 1/5 th as her share. What is the new profit or loss sharing?

  • A. Sule1/3, Ahmed1/3, Khadija 1/3
  • B. Sule1/3, Ahmed1/3, Khadija 1/3
  • C. Sule1/5, Ahmed1/5, Khadija3/5
  • D. Sule2/5, Ahmed1/5, Khadija2/5
View Answer & Discuss (3) JAMB 2018
2553

Transfers from the head office to branches are best carried out at__________

  • A. Cost price
  • B. Cost plus mark up
  • C. Selling price
  • D. Market price
View Answer & Discuss JAMB 2018
Post UTME Past Questions Agent
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
2554

Which of the following is a common cause of a discrepancy between head office and branch trial office________

  • A. Stock and repayment
  • B. Creditors and cash in transit
  • C. Stock and cash in transit
  • D. Debtors and cash in transit
View Answer & Discuss JAMB 2018
2555

Departmentalization of accounts is useful because it shows the____________

  • A. Over all performance of a division
  • B. Cost per unit of a profit
  • C. Price per unit of a product
  • D. Over all performance of a firm
View Answer & Discuss JAMB 2018
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 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