Past questions for Book Keeping
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.
The asset disposal account at the end fo the third year is
The accumulated depreciation at the end of the second year is 350,000 × 2 = 700,000
Use the following information to answer questions 10-12
A motor vehicle bought for #1,600,000 was estimated to have a useful life span of 4 years and a residual value of #200,000. The straight line method of calculating depreciation is used.The motor vehicle is sold at the end of the fourth year for #250,000.
The net value book value of the end of the fourth year is
Matching concept in accounting is the basis of
Discount received is posted on the credit side of
A balance sheet shows
The source document used to prepare the purchases day book is?
The accounting treatment for each withdrawn by the owner of a business for private use is?
Purchase of machine of #50,000 was debited to purchase account,This is an error of ?
Which of the following transactions will increase business assets.
The claim on the assets of a business by outsiders is classified as