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.
N5,780
N570
N6,580
N7,930
Correct answer is A
No explanation has been provided for this answer.
Use the information below to answer questions
N12,240
N12,115
N2,510
N2,150
Correct answer is A
Capital means the assets and cash in a business. It may either be cash, machinery, receivable accounts, property, or houses.
50 + 4,880+ 1,750 + 1,250 + 960+ 5,500 = 14,390
14,390 - 2,150 = 12,240
N22,320
N17,200
N12,080
N5,120
Correct answer is C
No explanation has been provided for this answer.
Which of the following item is found on the credit side of the sales ledger control account?
Discount received
Dishonoured cheques
Credit sales
Bills receivable
Correct answer is C
No explanation has been provided for this answer.
N10,390
N9,990
N9,590
N9,010
Correct answer is C
No explanation has been provided for this answer.