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  9. Q40
Question 40

A trader paid insurance premium of N45,000 for 15 months ended 31st March, 2000. He prepares account to 31st December. How much is charged to profit and loss account for the year 2000?

  • A.N45,000
  • B.N42,000
  • C.N36,000
  • D.N33,000
Objective

Question details

Exam body
WAEC
Subject
Accounts - principles of accounts
Year
2002
Question no.
#40
Type
Objective
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