Jamb 2012 financial accounting questions and answers | Campusflava https://campusflava.com Tutors, Past Questions and Projects. Mon, 22 Feb 2021 11:21:19 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.3 https://i0.wp.com/campusflava.com/wp-content/uploads/2023/01/cropped-CF.png?fit=32%2C32&ssl=1 Jamb 2012 financial accounting questions and answers | Campusflava https://campusflava.com 32 32 123014824 Determine the bank balance https://campusflava.com/blog/determine-the-bank-balance/ https://campusflava.com/blog/determine-the-bank-balance/#respond Mon, 22 Feb 2021 09:42:33 +0000 https://campusflava.com/?p=41531 Determine the bank balance A N 6,950 credit B N6,950 debit C N6,000 credit D N6,000 debit Answer is B

The post Determine the bank balance first appeared on Campusflava.]]> Determine the bank balance

A N 6,950 credit

B N6,950 debit

C N6,000 credit

D N6,000 debit

Answer is B

The post Determine the bank balance first appeared on Campusflava.]]> https://campusflava.com/blog/determine-the-bank-balance/feed/ 0 41531 Use the information above to answer the question Calculate the net profit. https://campusflava.com/blog/use-the-information-above-to-answer-the-question-calculate-the-net-profit/ https://campusflava.com/blog/use-the-information-above-to-answer-the-question-calculate-the-net-profit/#respond Mon, 22 Feb 2021 09:41:35 +0000 https://campusflava.com/?p=41528 Use the information above to answer the question Calculate the net profit. A N35,000 B N40,000 C N105,000 D N115,000 Answer is C

The post Use the information above to answer the question Calculate the net profit. first appeared on Campusflava.]]> Use the information above to answer the question

Calculate the net profit.

A N35,000

B N40,000

C N105,000

D N115,000

Answer is C

The post Use the information above to answer the question Calculate the net profit. first appeared on Campusflava.]]> https://campusflava.com/blog/use-the-information-above-to-answer-the-question-calculate-the-net-profit/feed/ 0 41528 Use the information above to answer the question Find the gross profit. https://campusflava.com/blog/use-the-information-above-to-answer-the-question-find-the-gross-profit/ https://campusflava.com/blog/use-the-information-above-to-answer-the-question-find-the-gross-profit/#respond Mon, 22 Feb 2021 09:40:55 +0000 https://campusflava.com/?p=41525 Use the information above to answer the question Find the gross profit. A N370,000 B N230,000 C N150,000 D N140,000 Answer is D

The post Use the information above to answer the question Find the gross profit. first appeared on Campusflava.]]> Use the information above to answer the question
Find the gross profit.

A N370,000

B N230,000

C N150,000

D N140,000

Answer is D

The post Use the information above to answer the question Find the gross profit. first appeared on Campusflava.]]> https://campusflava.com/blog/use-the-information-above-to-answer-the-question-find-the-gross-profit/feed/ 0 41525 The 5% discount shown above indicates https://campusflava.com/blog/the-5-discount-shown-above-indicates/ https://campusflava.com/blog/the-5-discount-shown-above-indicates/#respond Mon, 22 Feb 2021 09:40:13 +0000 https://campusflava.com/?p=41522 The 5% discount shown above indicates A trade discount B cash discount C discount allowed D discount received Answer is A

The post The 5% discount shown above indicates first appeared on Campusflava.]]> The 5% discount shown above indicates

A trade discount

B cash discount

C discount allowed

D discount received

Answer is A

The post The 5% discount shown above indicates first appeared on Campusflava.]]> https://campusflava.com/blog/the-5-discount-shown-above-indicates/feed/ 0 41522 Debtors opening and closing balances amount to N6,500 and N7,600 respectively, What is the sales value? https://campusflava.com/blog/debtors-opening-and-closing-balances-amount-to-n6500-and-n7600-respectively-what-is-the-sales-value/ https://campusflava.com/blog/debtors-opening-and-closing-balances-amount-to-n6500-and-n7600-respectively-what-is-the-sales-value/#respond Mon, 22 Feb 2021 09:39:31 +0000 https://campusflava.com/?p=41519 Debtors opening and closing balances amount to N6,500 and N7,600 respectively, What is the sales value? A N15,300 B N17,500 C N28,400 D N31,600 Answer is B

The post Debtors opening and closing balances amount to N6,500 and N7,600 respectively, What is the sales value? first appeared on Campusflava.]]> Debtors opening and closing balances amount to N6,500 and N7,600 respectively, What is the sales value?

A N15,300

B N17,500

C N28,400

D N31,600

Answer is B

The post Debtors opening and closing balances amount to N6,500 and N7,600 respectively, What is the sales value? first appeared on Campusflava.]]> https://campusflava.com/blog/debtors-opening-and-closing-balances-amount-to-n6500-and-n7600-respectively-what-is-the-sales-value/feed/ 0 41519 From the above information, the gross profit from department X is https://campusflava.com/blog/from-the-above-information-the-gross-profit-from-department-x-is/ https://campusflava.com/blog/from-the-above-information-the-gross-profit-from-department-x-is/#respond Mon, 22 Feb 2021 09:38:37 +0000 https://campusflava.com/?p=41516 Given: From the above information, the gross profit from department X is A N3,800 B N2,300 C N2,200 D N2,000 Answer is C

The post From the above information, the gross profit from department X is first appeared on Campusflava.]]> Given:

From the above information, the gross profit from department X is

A N3,800

B N2,300

C N2,200

D N2,000

Answer is C

The post From the above information, the gross profit from department X is first appeared on Campusflava.]]> https://campusflava.com/blog/from-the-above-information-the-gross-profit-from-department-x-is/feed/ 0 41516 Determine the balance https://campusflava.com/blog/determine-the-balance/ https://campusflava.com/blog/determine-the-balance/#respond Mon, 22 Feb 2021 09:36:23 +0000 https://campusflava.com/?p=41513 Given: Determine the balance A 415,000 debit B 215,000 credit C 215,000 debit D 315,000 Answer is C

The post Determine the balance first appeared on Campusflava.]]> Given:

Determine the balance

A 415,000 debit

B 215,000 credit

C 215,000 debit

D 315,000

Answer is C

The post Determine the balance first appeared on Campusflava.]]> https://campusflava.com/blog/determine-the-balance/feed/ 0 41513 The power to appoint the Auditor General of the Federation is vested in the https://campusflava.com/blog/the-power-to-appoint-the-auditor-general-of-the-federation-is-vested-in-the/ https://campusflava.com/blog/the-power-to-appoint-the-auditor-general-of-the-federation-is-vested-in-the/#respond Mon, 22 Feb 2021 09:34:44 +0000 https://campusflava.com/blog/the-power-to-appoint-the-auditor-general-of-the-federation-is-vested-in-the/ The power to appoint the Auditor General of the Federation is vested in the A National Assembly B President C Judicial Service Commission D Civil Service Commission Answer is B

The post The power to appoint the Auditor General of the Federation is vested in the first appeared on Campusflava.]]> The power to appoint the Auditor General of the Federation is vested in the

A National Assembly

B President

C Judicial Service Commission

D Civil Service Commission

Answer is B

The post The power to appoint the Auditor General of the Federation is vested in the first appeared on Campusflava.]]> https://campusflava.com/blog/the-power-to-appoint-the-auditor-general-of-the-federation-is-vested-in-the/feed/ 0 41512 The Petroleum Technology Development Fund is under the https://campusflava.com/blog/the-petroleum-technology-development-fund-is-under-the/ https://campusflava.com/blog/the-petroleum-technology-development-fund-is-under-the/#respond Mon, 22 Feb 2021 09:34:25 +0000 https://campusflava.com/blog/the-petroleum-technology-development-fund-is-under-the/ The Petroleum Technology Development Fund is under the A general fund B contingency fund C trust fund D capital fund Answer is D

The post The Petroleum Technology Development Fund is under the first appeared on Campusflava.]]> The Petroleum Technology Development Fund is under the

A general fund

B contingency fund

C trust fund

D capital fund

Answer is D

The post The Petroleum Technology Development Fund is under the first appeared on Campusflava.]]> https://campusflava.com/blog/the-petroleum-technology-development-fund-is-under-the/feed/ 0 41511 The book into which all types of a ministry’s expenditure are recorded is the https://campusflava.com/blog/the-book-into-which-all-types-of-a-ministrys-expenditure-are-recorded-is-the/ https://campusflava.com/blog/the-book-into-which-all-types-of-a-ministrys-expenditure-are-recorded-is-the/#respond Mon, 22 Feb 2021 09:33:52 +0000 https://campusflava.com/blog/the-book-into-which-all-types-of-a-ministrys-expenditure-are-recorded-is-the/ The book into which all types of a ministry’s expenditure are recorded is the A ledger book B payment book C vote book D expenditure book Answer is C

The post The book into which all types of a ministry’s expenditure are recorded is the first appeared on Campusflava.]]> The book into which all types of a ministry’s expenditure are recorded is the

A ledger book

B payment book

C vote book

D expenditure book

Answer is C

The post The book into which all types of a ministry’s expenditure are recorded is the first appeared on Campusflava.]]> https://campusflava.com/blog/the-book-into-which-all-types-of-a-ministrys-expenditure-are-recorded-is-the/feed/ 0 41510