Determine the value of closing stock using the LIFO method A N2 000 B N2500 C N4000 D N35000 Answer is A Follow me on twitter @campusflava for free cash/credit giveaway ( School fees support, Full waec, jamb, neco, app …
Assuming the closing stock was valued at N19 000 at the end of November, what was the gross profit? A N30 000 B N50 000 C N70 000 D N100 000 Answer is B Follow me on twitter @campusflava …
X represents A bank charges B an unpresented cheque C dividends D an uncredited cheque Answer is A Follow me on twitter @campusflava for free cash/credit giveaway ( School fees support, Full waec, jamb, neco, app activation etc)
The value of Y is A N11 500 B N 8 500 C N13000 D N10000 Answer is B Follow me on twitter @campusflava for free cash/credit giveaway ( School fees support, Full waec, jamb, neco, app activation etc)
What was the bank balance at the end of the month? A N7 000 B N6 500 C N 7 500 D N 9 000 Answer is B Follow me on twitter @campusflava for free cash/credit giveaway ( School fees …
On Jan. 30 Khalifa withdraw N2500 from the bank for office use. The cash balance at end of the month was A N1 600 B N4 100 C N 6 600 D N6 100 Answer is B Follow me on …
LOAN IS 30% OF CREDITORS. A company has departments S,T and U. The sales are N20 000,20 000, N40 000 AND N60 000 respectively if the sales commission paid is N12 000, how much is T’s share? A N8000 B …
LOAN IS 30% OF CREDITORS. What is the capital balance? A N1000 B N2 100 C N900 D N1200 Answer is B Follow me on twitter @campusflava for free cash/credit giveaway ( School fees support, Full waec, jamb, …
The subscriptions received represent 80% of total payments and the opening balance is 30% of gate-fee collections. The subscriptions received would be A N200 000 B N240 000 C N300 000 D N24 000 Answer is B Follow me on …
The subscriptions received represent 80% of total payments and the opening balance is 30% of gate-fee collections. What is the closing cash balance? A N35 000 B N211 000 C N5 000 D N10 000 Answer is C Follow …
Determine the opening cash balance of the club? A N3 070 B N2 220 C N5 710 D N4 320 Answer is B Follow me on twitter @campusflava for free cash/credit giveaway ( School fees support, Full waec, jamb, neco, …
In converting a to a partnership company, the loss on asset revaluation is? A debited to the revaluation account B debited to the profit and loss account C credited to the revaluation account D credited to the profit and loss …