Books Of Original Entry - Accountsprinciplesofaccounts Jamb Past Questions and Answers

Question 6 :

• JAMB 1995

A payment of cash of N20 to John was entered on the receipt side of the cash book in error and credited to John's account. Which of the following journal entry can be used to correct the error?

A. John: N40 Dr, cash: N40 Cr
B. Cash: N40 Dr, John: N40 Cr
C. John: N20 Dr, cash: N20 Cr
D. Cash: N20 Dr, John: N20 Cr

Question 7 :

• JAMB 1997

Books of original entry are used for

A. Recording business transactions
B. The adjustment of accounts
C. Reminding the book keeping to post transactions in the ledger
D. Informing the bookkeeper about the state of affairs

Question 8 :

• JAMB 1997

Which of the following demonstrates the imprest system?

A. Float → expenses paid → cash in bank → float
B. Float → cash from bank → expenses paid → float
C. Float → expenses paid→ cash from bank → float
D. Float → cash in bank → expenses paid → float

Question 9 :

• JAMB 1998

The purchase of two generators by Hassan Electronics Enterprises should be recorded as?

A. An acquistion of fixed assets
B. An expenses in its general office expenses account
C. An acquistion of stock
D. A part of capital in the capital account

Question 10 :

• JAMB 2000

A general journal contains?

A. Date, narration, folio, debit, and purchases
B. Date, narration, folio, debit and purchase
C. Folio, credit, date, debit and sales
D. Debit, credit, narration, date and discount