Free account: track your progress — Sign up free

JAMB Accounting 2007 Objective — Question 14

Question 14 of 46 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2007 Objective paper, with the correct answer and a full explanation.

Advertisement

The total amount of money received on application was

  • A. 560,000Correct
  • B. 220,000
  • C. 800,000
  • D. 1,000,000

Explanation

Money received on application = #0.70 x 800,000 = #560,000.

Advertisement

Sign up free to unlock

  • Score tracking
  • Practice history
  • Saved questions
  • Progress dashboard
  • Personalized sessions
  • Weak-topic breakdown

…and/or go further with premium services and No Ads.

Create free account
More questions from Accounting 2007 ObjectiveMore Accounting past papers