If you are preparing for an accounting aptitude test or even a job interview, these accounting questions and answers will help you master the principles of accounting. This test covers accounting past questions from WAEC, JAMB, Post UTME exams and many more.
i, ii and iii
i and ii
i and iii
ii and iii
iii
Correct answer is B
No explanation has been provided for this answer.
i
ii
i and ii
i and iii
iii
Correct answer is E
No explanation has been provided for this answer.
Pending the location of error, the difference disclosed in the trial balance is normally posted to
An adjustment account
A control account
A suspense account
A profit and loss account
A trading account
Correct answer is C
No explanation has been provided for this answer.
Allowance for prompt payment
Allowance for damaged goods
Allowance off price list
Discount on creditors
Discount on debitors
Correct answer is C
No explanation has been provided for this answer.
When a buyer returns damages goods to the seller, the buyer receives a
Pro-forma invoice
Credit note
Debit note
Consignment note
Goods return note
Correct answer is B
No explanation has been provided for this answer.