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Tuesday, 07 April 2026
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Accounts - Principles of Accounts Past Questions and Answers

Jamb Accounts - Principles of Accounts Questions

Question 46:
JAMB 2006
What was the bank balance at the end of the month?
SchoolNGR Classroom
  • A N7 000
  • B N6 500
  • C N 7 500
  • D N 9 000
View Answer & Explanation
Question 47:
JAMB 2006
The value of Y is
SchoolNGR Classroom
  • A N11 500
  • B N 8 500
  • C N13000
  • D N10000
View Answer & Explanation
Question 48:
JAMB 2006
X represents
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  • A Bank charges
  • B An unpresented cheque
  • C Dividends
  • D An uncredited cheque
View Answer & Explanation
Question 49:
JAMB 2006
Assuming the closing stock was valued at N19 000 at the end of November, what was the gross profit?
SchoolNGR Classroom
  • A N30 000
  • B N50 000
  • C N70 000
  • D N100 000
View Answer & Explanation

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