The three column cash book differs from the two column cash book in that it has
Book Keeping Past Questions
Past questions for Book Keeping
Take a test
Custom CBT
Create and set up a CBT environment with your preferred subjects.
JAMB CBT Simulator
Practice JAMB CBT with real UTME past questions in CBT format.
WAEC CBT Practice 2026 Simulator
CB-WASSCE styled past question practice.
NECO CBT Practice 2026 Simulator
SSCE & GCE styled past question practice.
Past Questions
31 questionsThe excess of the assets of a business over its liabilities is
Which of the following factors can make an entrepreneur successful?
The letter Y represents
Use the diagram above to answer the questions
The letter X represents.
The word limited written after the name of a company means that the.
The gross profit is
The cost of goods available for sale is
The net sales is
Subscription in advance is treated in the balance sheet as an item under
A self balancing ledger is
Sales of goods to the value of N500 was debited to Ade instead of Adu, The journal entry for correcting this error is debit
Which of the following features describe a receipts and payments account
i it is a nominal account
ii it contains only items of revenue
iii it is a real account
iv it records capital expenditure items
Purchases for #12,960 was recorded in the day book as #12,690. This is an error of
A person whom a business owes for the goods or service supplied by him is the
A petty cashier has a cash float of #53,000 and #38,600 was spent,the reimbursement would be
Prepayments are shown in the balance sheet as
An item recorded in the debit side of the trial balance is
The method of stock valuation which overstates profit during inflation is
The amount earned but is yet to be received at the end of the financial period is