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.
N13,000
N12,100
N12,000
N11,200
Correct answer is B
No explanation has been provided for this answer.
John: N40 Dr, cash: N40 Cr
Cash: N40 Dr, John: N40 Cr
John: N20 Dr, cash: N20 Cr
Cash: N20 Dr, John: N20 Cr
Correct answer is C
No explanation has been provided for this answer.
Credit note
Debit note
Journal voucher
Way bill
Correct answer is A
No explanation has been provided for this answer.
I, II and III only
I, II and IV only
I, III and IV only
II, III and IV only
Correct answer is C
No explanation has been provided for this answer.
Classifying accounts in the ledger
Testing arithmetical accuracies of the ledger account balances
Identifying the balance sheet items
Providing a basis for establishing the accountant's competence
Correct answer is B
No explanation has been provided for this answer.