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.
The book value of the assets as at 31/12/86 was
N3,731,250.00
N2,487,500.00
N1,268,750.00
N1,020,000. 00
Correct answer is A
No explanation has been provided for this answer.
Accumulated depreciation on the asset as at 31/12/81 was
N2,487,500.00
N2,736,250.00
N4,511,192.00
N4,975,000.00
Correct answer is B
No explanation has been provided for this answer.
N2,530
N2,680
N2,830
N2,980
Correct answer is B
No explanation has been provided for this answer.
If a 10% dividend is approved, what is the dividend payable to ordinary shareholders?
N13,000
N11,300
N10,000
N8,000
Correct answer is D
No explanation has been provided for this answer.
N133,000
N120,000
N113,000
N100,000
Correct answer is A
No explanation has been provided for this answer.