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.
The normal accounting entry to record the dishonor of a businessman is to
Debit cash book and credit suspense account
Debit cash book and credit drawer
Credit cash book and debit suspense account
Credit cash book and debit drawer
Correct answer is D
No explanation has been provided for this answer.
N180,000
N181,000
N177,000
N110,000
Correct answer is A
No explanation has been provided for this answer.
N110,000
N105,000
N101,000
N100,000
Correct answer is C
No explanation has been provided for this answer.
N20400
N20465
N35695
N19820
Correct answer is A
No explanation has been provided for this answer.
iii and iv
i and ii
i and iii
ii and iii
Correct answer is A
No explanation has been provided for this answer.