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.
Carriage outwards is the amount spent on transporting
Goods sold
Goods purchased
Goods returned to stock
Excess stock
Goods for manufacture
Correct answer is A
No explanation has been provided for this answer.
Interest on Partner's drawing is credited to
Capital account
Drawings account
Current account
Profit and loss account
Appropriate account
Correct answer is E
No explanation has been provided for this answer.
N540,000
N492,000
N438,000
N437,400
Correct answer is B
No explanation has been provided for this answer.
N216,000
N206,340
N180,000
N162,600
N162,000
Correct answer is C
No explanation has been provided for this answer.
N551,400
N546,00
N540,000
N486,000
N440,000
Correct answer is D
No explanation has been provided for this answer.