Jamb Accounting Past Questions For Year 2010

Question 46

Credit sales is given at 160% of cash received.

What is the balance c/d?

debit 64300

jamb 2010

  • A. N333 000
  • B. N234 000
  • C. N343 000
  • D. N243 000
View Answer and Explanation

Question 47

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

jamb 2010

  • A. N 800
  • B. N 600
  • C. N400
  • D. N1800
View Answer and Explanation

Question 48

How much rent is apportioned to department K?

jamb 2010

  • A. N1200
  • B. N1800
  • C. N2000
  • D. N750
View Answer and Explanation

Question 49

Calculate the cash balance after the discount

jamb 2010

  • A. N2760
  • B. N4 300
  • C. N6 200
  • D. N2.400
View Answer and Explanation