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.
#130,000
#125,000
#80,000
#75,000
Correct answer is D
No explanation has been provided for this answer.
In a departmental account, the expenses to be apportioned on the basis of turnover is
Carriage inwards
Returns outwards
Discount recieved
Carriage outwards
Correct answer is A
No explanation has been provided for this answer.
In a departmental account, where no basis of apportionment exist, apportionment is
On profit basis
According to employee decision
According to material available
On equal basis
Correct answer is D
No explanation has been provided for this answer.
#8000
#9,500
#12,500
#15,500
Correct answer is C
No explanation has been provided for this answer.
#14,200
#16,400
#18,900
#20,500
Correct answer is C
No explanation has been provided for this answer.