Study and practice Accounting past questions with answers and detailed explanations. Then test your knowledge using our interactive CBT practice platform and prepare confidently for your upcoming examinations.
Create and set up a CBT environment with your preferred subjects.
Practice JAMB CBT with real UTME past questions in CBT format.
CB-WASSCE styled past question practice.
SSCE & GCE styled past question practice.
Subsidiary books of account are used to record transactions
All cash transactions of a not-for-profit making organization are recorded in
Other operating expenses for the period is
Sales for the period is
A business includes 50% mark-up on all its products. This would mean margin of
The major source of revenue for central/federal government is
The value of goods sent to a branch is debited to the
The final stage of accounting process is
Commercial activities undertaken by a social club to raise funds include
The petty cash account has an imprest of GH¢36,000 and a debit balance of GH¢10,000 at the end of the month.The reimbursement required would be
Lima paid off debt of D2,500 owed to Dongo by cash. The entries in lima's book are: debit
The accounting principle of double entry states that
Recurrent expenditure of a local government include
Accounts of fixed assets are kept in the
The type of stock recorded in the trading account of a manufacturing business is
Company as a legal entity means that it
The mark-up is
The stock turnover period is
Sales account was undercast by GH¢ 1,000. When this is corrected, both the gross profit and the net profit would
Accounting evolved out of the need of businesses for