Test Index

JAMB Accounts Principles of Accounts 2014 Paper

Question : 48

Total: 49

What is the total income for the period?

Solution:

Concept:

Total income for the period is the sum of all income items belonging to that period.

Explanation:

Add every income figure shown in the extract/relevant income section.

Their total gives the income for the period.

Total income

= N13,890

Answer:

A. N13,890

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