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.
Use the following information to answer the given question:
N200,000
N180,000
N160,000
N150,000
N140,000
Correct answer is B
No explanation has been provided for this answer.
Which of the following does not belong to the group?
A proprietor of a business
An entrepreneur
An investor
A debtor
A creditor
Correct answer is E
No explanation has been provided for this answer.
Found in the ledger
Of subsidiary entries
Of original entry
Containing the final accounts
Of final entry
Correct answer is C
No explanation has been provided for this answer.
A debt written on bad receipts
Debt owed by a bad person
Debt that can not be collected
Overcharge on a debtors account
Debt paid with bad currency notes
Correct answer is C
No explanation has been provided for this answer.
Direct material and factory overhead
Direct labour and direct expenses
Direct labour and factory overhead
Direct materials, direct labour, direct expenses and factory overhead
Direct expenses and factory overhead
Correct answer is D
No explanation has been provided for this answer.