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.
N1,350
N1,080
N338
N270
N90
Correct answer is D
No explanation has been provided for this answer.
N1,350
N1,080
N338
N270
N90
Correct answer is B
No explanation has been provided for this answer.
A discount
A profit
A loss
Par
A premium
Correct answer is E
No explanation has been provided for this answer.
Abdul paid off his indebtedness to John by cash. The accounting entries in Abdul's books are: debt
Cash account, credit John's account
Cash account, credit debtors account
John's account, credit cash account
John's account, credit bank account
Abdul's account, credit John's account
Correct answer is C
No explanation has been provided for this answer.
Which of the following is not a book of prime entry?
Cash book
Purchases day book
Sales day book
Journal paper
Purchases ledger
Correct answer is E
No explanation has been provided for this answer.