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.
Selling price
Akure price
Company price
Lagos price
Correct answer is C
No explanation has been provided for this answer.
i and ii
i, ii and iii
i, ii, iii and iv
iii and iv
Correct answer is B
No explanation has been provided for this answer.
The main reason for adopting a departmental account is to?
Record transactions for each department for better documentation
Tackle any recording problem as a result of expansion
Continuously evaluate the profitability of different departments
Ensure that departmental mangers are adequately monitored
Correct answer is C
No explanation has been provided for this answer.
N3500
N7000
N9500
N13,500
Correct answer is C
No explanation has been provided for this answer.
Receipt and payment account discloses?
Debtors
Creditors
Prepayment
Depreciation
Correct answer is C
No explanation has been provided for this answer.