JAMB Past Questions and Answers - Page 873

Forlah, a stock broker bought stationery for ₦12,000 by cash. To record this transaction, debit

Which of the following is a debit item in the purchase ledger control account?

The interest on partner's loan is

The principle of double entry system ensures

Use the information below to answer this question
At the end of a financial period, the trading profit and loss account of a sole trader shows a profit of 
₦180,000 it is however discovered that revenue of 
₦15,000 is recorded as expenses while expenses of
₦4,000 is recorded as revenue.

The revenue to be added as an adjustment is