JAMB Accounting 2009 Objective — Question 23

Question 23 of 50 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2009 Objective paper, with the correct answer and a full explanation.

23. Apart from the common control accounts, a control account can also be opened for

A. sales account
B. purchases account
C. cash accountCorrect
D. wages account

Explanation

A control account can also be maintained for the cash account, in addition to sales and purchases ledger control accounts.

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 2009 Objective More Accounting past papers