JAMB Principles of Accounts 2006 Question 46

Question 46

Departmental Accounts

A company has departments S, T and U. The sales are ₦20 000, ₦40 000 and ₦60 000 respectively. If the sales commission paid is ₦12 000, how much is T's share?

  1. A.₦8 000
  2. B.₦2 000
  3. C.₦4 000
  4. D.₦6 000
Show the answer and explanation

Answer: C (₦4 000)

Explanation

Share by sales: T = 40 000/120 000 × 12 000 = ₦4 000.