JAMB Accounting Past Questions & Answers - Page 172

Capital.......N12,700........Purchases......N7,100
Debtors.......N4,000........Stationery.....N1,900
Sales.........N2,400........Wages..........N1,230

The owners wishes to maintain an account equal to of capital as drawings.

What is the amount withdrawn?

The medium that enables the ATM to read the account details and process transaction directly with the account held in the bank is the?

Commission-on-turnover is charged on?

Abba offers 5% cash discount on goods worth N10,000, The discount allowed account is to be?

An entry made in bank column of cash book to record movement of cash between the office and the bank is the?