Jamb Accounts - Principles of Accounts 2010 Past Questions and Answers

Question 46:

• JAMB 2010

As evidence of payments to a government ministry, the revenue collectors will issue?

A. Treasury receipt
B. Receipts vourcher card
C. Treasury card
D. Stores receipts vourcher

Question 47:

• JAMB 2010

How much rent is apportioned to department K?

A. N1200
B. N1800
C. N2000
D. N750

Question 48:

• JAMB 2010

How much selling and distribution expenses is apportioned to department M?

A. N 800
B. N 600
C. N400
D. N1800

Question 49:

• JAMB 2010

Credit sales is given at 160% of cash received.
What is the balance c/d?
debit 64300


A. N333 000
B. N234 000
C. N343 000
D. N243 000

Question 50:

• JAMB 2010

When Your Silence Is Loud..& Your Eyes Speaking Volumes..
Calculate the value of credit sales

A. N484 000
B. N448000
C. N584 000
D. N558 000