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. 2019
  8. /
  9. Q0
Question 0

In a non-profit making organisation, the excess of Assets over liabilities equals

  • A.capital
  • B.capital employed
  • C.capital owned
  • D.accumulated funds
  • E.
Objective

Question details

Exam body
JAMB
Subject
Accounts - Principles of Accounts
Year
2019
Question no.
#0
Type
Objective
Previous · Q0In the absence of partnership agreement, a loan by a partner attracts interest… Next · Q0 The similarities between Receipts and payments and income and expenditure…

More from this paper

  • Q0Transactions are recorded or posted to the ledger in line with
  • Q0Show how the following transaction will be recorded applying the double entry…
  • Q0A statement in a double entry system in which are recorded all the transactions…
  • Q0The advantage of double entry is that
  • Q0Accounts can be classified into
  • Q0Goods were purchased for resale on credit costing ₦150,000 on 30th September…
See all Accounts - Principles of Accounts 2019 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