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.
N60 credit, N100 credit
N60 credit, N100 debit
N60 debit, N100 debit
N61 debit, N100 credit
N160 credit, N60 credit
Correct answer is B
No explanation has been provided for this answer.
Which of the following errors affects the trial balance?
Commission
Omission
Principle
Original entry
Lone entry
Correct answer is E
No explanation has been provided for this answer.
N940
N1,460
N2,040
N3,060
N3,600
Correct answer is A
No explanation has been provided for this answer.
N940
N1,460
N2,040
N3,060
N3,600
Correct answer is B
No explanation has been provided for this answer.
Factory cost and cost of material
Overhead cost and direct cost
Direct expenses, direct labour and direct material
Direct expenses and direct labour
Cost of sale factory cost and cost of materials
Correct answer is C
No explanation has been provided for this answer.