Has no particular period, the trading account has
Does not consider the cost of goods involved, the trading account does
Is concerned with the cost of production, the trading account is not
Is not concerned with the stock of raw materials the rading account is
Correct answer is C
No explanation has been provided for this answer.
N21,000
N17,000
N15,000
N6,000
Correct answer is B
No explanation has been provided for this answer.
In analyzing incomplete records, which of the following should be investigated?
The general ledger
The purchases day book and sales day book
The nature of trading activities and the basis on which goods are sold
The asset register together with the depreciation schedule
Correct answer is C
No explanation has been provided for this answer.
What is the balance of the bank account shown above?
N88,500 debit
N88,500 credit
N59,410 credit
N59,410 debit
Correct answer is C
No explanation has been provided for this answer.
N3000 and show wages accrued N500 in the balance sheet in the balance sheet
N2000 and show wages accured N500 in the balance sheet
N3000 and show wages prepaid N 500 in the balance sheet
N2000 and show wages paid in advance N500 in the balance sheet
Correct answer is A
No explanation has been provided for this answer.
JAMB Subjects
Aptitude Tests