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.
For the year ended...........19 x 1
For............19 x 1
As to.............19 x 1
In the year..............19 x 1
Up to...........19 x 1
Correct answer is C
No explanation has been provided for this answer.
Which of the following is an asset?
Bad debt provision
Rent in arrears
Sales
Accrued wages
Insurance prepaid
Correct answer is E
No explanation has been provided for this answer.
Carriage inwards are included on goods
On display
Sold
In process
Purchases
On return
Correct answer is D
No explanation has been provided for this answer.
The accountant general disburses government fund by the use of
A voucher
A warrant
An estimate
A vote
A provision
Correct answer is B
No explanation has been provided for this answer.
Which of the following is a source of the local government Revenue?
Personal income tax
Sales of armed forces property
Repayment (state)
Repayment (Interest and General)
Market rates
Correct answer is E
No explanation has been provided for this answer.