Examkits is a JAMB CBT practice platform that provides over 20 years of past questions, Post UTME questions, and detailed video solutions to help students prepare for their exams.

How do I practice JAMB past questions on Examkits?

You can practice JAMB past questions online, on Android, or on a desktop using the Examkits app. Just register on our website and choose your preferred device.

Does Examkits work offline?

Yes. Our Android and Windows versions support offline usage. Once downloaded and activated, no internet is required to use most of the features.

Do you offer video solutions for JAMB questions?

Yes, Examkits provides detailed video explanations for all JAMB past questions from 2000 to 2024, helping students understand how to solve each problem.

Examkits offers free practice for some subjects. However, full access requires a one-time affordable activation fee for each version of the app.

ACCOUNTING

JAMB 2014 - Question 24

Account 2014 JAMB Past Questions - Question 24: 2/3 Purchases 900 books at N1,000 each 4/3 Purchases 590 books at N950 each 15/3 Sales 300 books at N900 each Calculate the cost of goods available for sale using LIFO

Choose the most appropriate option for the gap .

2/3 Purchases 900 books at N1,000 each 4/3 Purchases 590 books at N950 each 15/3 Sales 300 books at N900 each
Calculate the cost of goods available for sale using LIFO

A: #801,000

B: #1,100,500

C: #1,160,500

D: #1,175,000

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ACCOUNTING

Account 2014 JAMB Past Questions - Question 24: 2/3 Purchases 900 books at N1,000 each 4/3 Purchases 590 books at N950 each 15/3 Sales 300 books at N900 each Calculate the cost of goods available for sale using LIFO

Examkit's JAMB CBT App

Correct Answer

Explanation