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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
3781

The following is a summary of the asset and liabilities of Ojo trading company as at 31st December, 2018

Initial Capital 5000
Net Profit 1000
Furniture 2000
Equipment 2900
Debtors 100
Stock 1000
Bank 500

 

From the above, calculate Fixed assets

 

  • A. 6500
  • B. 2000
  • C. 4900
  • D. 600
View Answer & Discuss JAMB 2019
3782

The following is a summary of the asset and liabilities of Ojo trading company as at 31st December, 2018

Initial Capital 5000
Net Profit 1000
Furniture 2000
Equipment 2900
Debtors 100
Stock 1000
Bank 500

 

From the above, calculate Current liabilities

  • A. 100
  • B. 6000
  • C. 600
  • D. 3000
View Answer & Discuss (2) JAMB 2019
3783

In a law of contract, what is given in exchange for a promise to perform is_____

  • A. offer
  • B. acceptance
  • C. warranty
  • D. consideration
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3784

In Nigeria, it is mandatory for all business enterprises to be registered with the________

  • A. Government
  • B. Corporate Affairs Commission
  • C. Agent
  • D. Enterprise
View Answer & Discuss JAMB 2019
3785

All but one does not provide an Indirect Service?

  • A. Custom Officers
  • B. Family Doctors
  • C. Civil Servants
  • D. Law Makers
View Answer & Discuss (1) JAMB 2019
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