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Sunday, 12 April 2026
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Accounts - Principles of Accounts Past Questions and Answers

Jamb Accounts - Principles of Accounts Questions

Question 1226:
when a bill is negotiated to a bank , it is said to be?
  • A Accepted
  • B Discounted
  • C Surrendered
  • D Cashed
View Answer & Explanation
Question 1227:
Bala ltd acquired the business of bello ltd and caused the separate existence of the latter company to terminate.
  • A Conversion
  • B Dissolution
  • C Merger
  • D Absorption
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Question 1228:
In order to make the cash book balance equal to the bank statement, it is usually to add?
  • A Uncredited cheques
  • B Direct payments by bank
  • C Bank charged
  • D Unpresented cheques
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Question 1229:
Tanko Ltd had
Earnings per share 47k
Dividends per share 30k
Per value of each share N1.20
market price per share NM1.50






The company's earnings yield is?
  • A N20.00%
  • B N25.00%
  • C N31.33%
  • D N39.17%
View Answer & Explanation
Question 1230:
Tanko Ltd had
Earnings per share 47k
Dividends per share 30k
Per value of each share N1.20
market price per share NM1.50






what will be the price earnings ratio of the company?
  • A N3.91
  • B N3.19
  • C N2.95
  • D N2.55
View Answer & Explanation