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.
Departmental accounts are prepared to aid the comparison of the?
Previous year's transactions
Daily profits
Workers' performances
Management performances
Correct answer is C
No explanation has been provided for this answer.
Debit side of its profit and loss account
Credit side of its profit and loss account
Debit side of its income and expenditure account
Credit side of its income and expenditure account
Correct answer is D
No explanation has been provided for this answer.
The not-for-profit-making organizations generate their income mainly from?
Bar sales
Subscriptions
Rents
Pools
Correct answer is B
No explanation has been provided for this answer.
N9,360
N6,320
N4,200
N3,000
Correct answer is D
No explanation has been provided for this answer.
N2,520
N2,600
N3,000
N120
No option
Correct answer is E
No explanation has been provided for this answer.