Accounts - Principles of Accounts JAMB, WAEC, NECO AND NABTEB Official Past Questions

43

In the operation of an imprest of petty cash, the

  • A. petty cashier pays all expenses
  • B. petty cashier pays money to the accountant
  • C. petty cashier regularly begins each period with the same amount of money
  • D. main cashier accounts to the petty cashier for some experiences made by him
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44

A book that contains individual accounts of suppliers is the

  • A. purchase ledger
  • B. general ledger
  • C. nominal ledger
  • D. sales ledger
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45

The source document used to make entries in the purchase day book is

  • A. debt note
  • B. credit note
  • C. invoice
  • D. receipt
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