Jamb Accounting Past Questions For Year 2010
Question 6
The course of discrepancies between the bank statement and the cash book that overstates the cash book is the?
- A. dividend received
- B. uncredited expenses
- C. uncredited cheques
- D. interest on lodgement
Question 7
The bank charges levied on a current account holder is the charge on?
- A. transaction
- B. turnover
- C. transfer
- D. cash received
Question 8
A major cause of discrepancy between bank statement and the cash book that overstates the bank statement balance is the?
- A. commission paid
- B. interest received
- C. direct payment
- D. direct withdrawal
Question 9
The source documents include?
- A. cash book
- B. petty cash book
- C. general ledger
- D. credit notes
Question 10
Th major feature of an invoice is that, it?
- A. passes information through the sales day book
- B. has cash and bank column
- C. specifies the particular of goods bought
- D. indicates only the cash sales
