Accounting questions and answers

Accounting Questions and Answers

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.

2,919.

A powerful instrument of control over both the sales ledger and the clek whose duty is to post the ledger is the?

A.

Total debtors account

B.

Purchase day book

C.

Sales day book

D.

Cash book

Correct answer is C

No explanation has been provided for this answer.

2,920.

The balance on a purchase ledger control account represents the?

A.

Present amount that a business owes its suppliers at date

B.

Total credit avaiable to the end of the year to be utilized in future

C.

Total credit the business enjoyed for the particular year from its suppliers

D.

Total credit owed the business by its customers

Correct answer is A

No explanation has been provided for this answer.