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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 2000 - Question 9

Account 2000 JAMB Past Questions - Question 9: If premises is to be depreciated at 10% on cost and a 5% provision is to be allowed on debtors, the total asset in the balance sheet is

Choose the most appropriate option for the gap .

If premises is to be depreciated at 10% on cost and a 5% provision is to be allowed on debtors, the total asset in the balance sheet is

A: N 125,000

B: N114,500

C: N105,500

D: N105,250.

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ACCOUNTING

Account 2000 JAMB Past Questions - Question 9: If premises is to be depreciated at 10% on cost and a 5% provision is to be allowed on debtors, the total asset in the balance sheet is

Examkit's JAMB CBT App

Correct Answer

Explanation