JAMB Accounting Past Questions & Answers - Page 235

In a petty cash book the imprest is N1380.
Expenses:
Stationery N350
Cleaning material N335
General expenses N265

How much was received to maintain the imprest at the ends of the month?

In preparing the final accounts, the bad debt account is closed by a transfer to the

Given: 
Stock (1/4/94) N800
Purchases of flour N2450
Sales N4745
Wages of bakery staff N675
Carriage outwards N50
Salary of administrative staff N225
Stock (31/3/95) N940
Capital N1540

Determine the cost of goods sold?

The officer responsible for ascertaining whether all public expenditure and appropriation are in line with approved guidelines is the

The correct entry to reflect the receipt of cash sent by a branch to a head office is