Jamb Accounting Past Questions For Year 2011
Question 46
If Aboki Holdings Limited issued 120, 000 ordinary share of N2.00 each at market value of 5.50k each, the share premium would?
- A. N500 000
- B. N450 000
- C. N550 000
- D. N420 000
Question 47
Which of the following accounts for the highest revenue to Nigeria?
- A. Import duties
- B. Personal income tax
- C. Petroleum income tax
- D. Company tax
Question 48
Calculate the cost of goods sold.
- A. N61 000
- B. N58 000
- C. N62000
- D. N57 000
Question 49
Find the average stock for the period
- A. N27 000
- B. N23 000
- C. N28 000
- D. N20 500
