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.
Journal proper is used in recording?
Transactions that are not regular
Returns from customers
Credit sales
The receipt and payment for money
Correct answer is A
No explanation has been provided for this answer.
The process whereby a cheque received by one person is given to another is known as?
Cheque crossing
Payment in cheque
Cheque transfer
Cheque endorsement
Correct answer is C
No explanation has been provided for this answer.
N12,800
N4900
N8200
N9500
Correct answer is C
No explanation has been provided for this answer.
N17,700
N10,500
N20,000
N15,400
Correct answer is D
No explanation has been provided for this answer.
N30,000
N25,000
N5,000
N20,000
Correct answer is B
No explanation has been provided for this answer.