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.
N4,000
N3,000
N2,000
N1,600
N1,000
Correct answer is E
No explanation has been provided for this answer.
N24,000
N23,000
N20,000
N15,000
N8,000
Correct answer is A
No explanation has been provided for this answer.
Current asset
Current liability
Contingent liability
Fictitious asset
Provision
Correct answer is B
No explanation has been provided for this answer.
Total Debtors and Creditors Accounts
Bank Reconciliation Statement
Statement of Affairs
Trading, Profit and Loss Accounts
Balance Sheet
Correct answer is C
No explanation has been provided for this answer.
Which of the following best described the path of a transaction?
Source documents to Journal to Ledger
Source documents to Ledger to Journal
Journal to Ledger to source documents
Journal to source documents to Ledger
Ledger to Joural to source documents
Correct answer is A
No explanation has been provided for this answer.