Teacha
  • Courses
  • Mock Exams
  • For Tutors
  • For Schools
  • Pricing
Log InStart Free
  1. Past Questions
  2. /
  3. UI
  4. /
  5. Financial Accounting
  6. /
  7. 2012/2013
  8. /
  9. Q8
Question 8

Sundry debtors in the balance sheet of Onoja Bakery and Sons totaled N800,000. A provision of 2%was made for discount and 5% provision for bad and doubtful debts. Find the amount for sundry debtors after provision

  • A.N 760,000
  • B.N744,800
  • C.N 744,000
  • D.N 784,000
Objective

Question details

Exam body
UI
Subject
Financial Accounting
Year
2012/2013
Question no.
#8
Type
Objective
Previous · Q7Given: N - Capital at the beginning 20,000, Drawings 3,000, Capital at end… Next · Q9 The starting point for the production of accounts from incomplete records is to…

More from this paper

  • Q4The total of the creditors at the beginning of the year was N4600 and at the end…
  • Q5Tunde purchased goods from Femi by cash worth N1,000 with 10% cash discount…
  • Q6Which of the following conditions best represents the net effect of discount…
  • Q10A factory cost excluding prime cost is ...
  • Q11Given: N - Prime cost 220,000, Factory cost 32,000, Work in progress at…
  • Q12Given: N - Direct material 10,000, Direct labour 5,000, Direct expenses 2,000…
See all Financial Accounting 2012/2013 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