Question 1 of 10
The following are causes of discrepancies between the cash book and the bank statement balances except
This JAMB Accounting Past Questions - Set 2 quiz contains 10 multiple choice questions designed to help you revise and test your Financial Accounting knowledge. Select an answer for each question and click “Submit Answer” to see instant feedback. Take your time and try to score as high as possible!
Practice with real JAMB/WAEC Accounting past questions. Test your knowledge of bookkeeping, financial statements, and accounting principles. Set 2 covers questions from JAMB exams (2024).
Question 1 of 10
The following are causes of discrepancies between the cash book and the bank statement balances except
Question 2 of 10
Pending the location of an error, the difference in the Trial Balance is posted to a __
Question 3 of 10
The term "set off" in control account is also called
Question 4 of 10
Rent accrued at the end of an accounting period is a
Question 5 of 10
Suppliers accounts are found in the
Question 6 of 10
An example of accounts in the nominal ledger is
Question 7 of 10
Which of the following is an example of a device that can be used for input, storage, and output in a computer system?
Question 8 of 10
Shares issued free of charge to existing shareholders based on their previous holdings is __ issue
Question 9 of 10
The document used in making lodgments into a current account is
Question 10 of 10
The return on debenture holding is