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.

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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.

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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 2003 - Question 31

Account 2003 JAMB Past Questions - Question 31: A company has two departments X and Y. Y transferred goods to X at a profit margin of 25%. N10 000 worth of goods was not sold at the end of the accounting period. How much is the unrealized profit?

Choose the most appropriate option for the gap .

A company has two departments X and Y. Y transferred goods to X at a profit margin of 25%. N10 000 worth of goods was not sold at the end of the accounting period. How much is the unrealized profit?

A: #2 000

B: # 2 500

C: #12 000

D: #12 500

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ACCOUNTING

Account 2003 JAMB Past Questions - Question 31: A company has two departments X and Y. Y transferred goods to X at a profit margin of 25%. N10 000 worth of goods was not sold at the end of the accounting period. How much is the unrealized profit?

Examkit's JAMB CBT App

Correct Answer

Explanation