Teacha
  • Courses
  • Mock Exams
  • For Tutors
  • For Schools
  • Pricing
Log InStart Free
  1. Past Questions
  2. /
  3. JAMB
  4. /
  5. Accounts - Principles of Accounts
  6. /
  7. 2005
  8. /
  9. Q0
Question 0

Given:

Liabilities..............N23,700
Current assets...........N20,300
Fixed assets.............N64,500

What is the capital introduced by the proprietor?

  • A.N40,800
  • B.N61,100
  • C.N88,200
  • D.N108 500
  • E.
Objective

Question details

Exam body
JAMB
Subject
Accounts - Principles of Accounts
Year
2005
Question no.
#0
Type
Objective
Previous · Q0The journal entries for the purchase of stock on credit are to debit? Next · Q0 Given: Rent..............N10,000 Rates.............N5,000…

More from this paper

  • Q0The double principle of accounting was developed by?
  • Q0The concept that has much influence over asset valuation and income…
  • Q0What are the appropriate recording procedures for entries in the trial balance?
  • Q0Mr Bassey purchased a motor vehicle for use in his business and debited the…
  • Q0Yahya,s bank account shows a credit balance of N1500,000. He paid N1700,000 into…
  • Q0five hundred naria monthly is allowed on an imprest system. The following…
See all Accounts - Principles of Accounts 2005 questions
Teacha

Africa's learning & exam readiness platform. Built for students, tutors, and schools.

Platform

  • Courses
  • Mock Exams
  • Past Questions

For You

  • I'm a Tutor
  • I'm a School
  • Pricing

© 2025 Teacha. Built for African learners, tutors, and schools. Teacha is not affiliated with WAEC, NECO, or JAMB. All past questions are sourced from publicly available materials.

Privacy PolicyTerms of UseCookie Policy