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Mtn Sme Data Share - Features, Transfer Codes, Check Balance And Lots More

Thu Jan 18, 2018 8:36 am by Snows


Most of us have been hearing of mtn sme data and didn't actually know what is it or how it is done.. In this post, I'll throw more lights on mtn sme data share service.


MTN SME Data Share is a prepaid service specifically designed for growing businesses, offering business owners the ability to buy …

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Comments: 5

Glo Network Data Plans For January 2018

Mon Jan 15, 2018 9:25 am by Snows

As we all know, Glo are grandmasters of data.. They've proven to every Nigeria that they are worth being called the name..

Their data plans are cheap and anybody can afford it..

Check out Glo Data plans below.


✔️ 30MB for ₦50 valid for 1 day, dial *127*14# to activate it

✔️ ₦100 for 100MB valid for 1 …

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Latest Airtel Data Plans For January 2018

Sun Jan 14, 2018 6:11 pm by Snows


As we all know that After GLOBACOM NIGERIA Is Airtel Nigeria in terms of data offers for internet browsing.

So it's important to know the current data plans available on Airtel..

Checkout the data plans available for airtel below ™️


~~50MB For #100: Get 30MB data for just …

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Glo Cheapest Call Tariff Plan and Migration Code

Sat Jan 13, 2018 12:54 am by DaddyBoy

Glo has one of the cheapest call tariffs in the country but it's all about you knowing the right tariff plan to migrate to. The Glo 11k/sec plan just as the name describes lets you call all Glo network users in the country for just 11k/secs as well as other …

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Comments: 0

MTN Conducted Africa’s First 5G Technology, Trial Hits 20GB Per Second

Fri Jan 12, 2018 1:22 am by Snows

MTN has conducted a 5G technology and applications trial at its head office in Johannesburg in partnership with Ericsson.

The announcement at the MTN headquarters in South Africa on Monday comes after the two companies signed a memorandum of understanding at AfricaCom 2017, to collaborate on the rollout of 5G technologies in South Africa, one of the first of its kind in Africa, IT News Africa …

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PostEmmi on Tue May 02, 2017 12:17 pm

Waec 2017 Book Keeping OBJ & Theory/Essay QUESTION AND ANSWERS Free Expo


1a) payment voucher: A document which can be used as proof that a monetary transaction has occurred between two parties. In business, a payment voucher can be used for a variety of purposes, sometimes taking the place of cash in a transaction, acting as a receipt, or indicating that an invoice has been approved for payment.
i)Purchase Book or Purchase Journal: Purchase book is a book of original entry in which only credit purchases of goods are recorded.
ii)Sales Book or Sales Journal: Sales book is a book of original entry in which only credit sales of goods are recorded.
iii)Purchases Return Book or Purchases Return Journal: Purchases return book is a book of original entry in which transactions related to the return of purchases of goods are recorded.
iv)Sales Return Book Or Sales Return Journal: Sales return book is a book of original entry in which transactions related to the return of sales of goods are recorded

2a)Commerical account usually refers to a checking or other type of demand deposit account.
i)Assisting and educating officers about their financial responsibilities.
ii)Insuring the accuracy of comprehensive financial records.
iii)Aiding organizations in keeping their activities in sound financial condition.
iv)Facilitating continuity between financial officers and their successors.
2c)Advantages of Control Accounts:
i) Control accounts provide a summary of transactions recorded in various subsidiary ledger. Hence these are very useful to management in policy formulation.
ii) It makes possible the division of accounting work among ledger keepers, thereby resulting in specialisation in work.
iii) It facilitates prompt preparation of profit and loss account and balance sheet at the end of each period by providing stock figures quickly.


3a)Trial balance is defined as a statement of all debits and credits in a double-entry account book, with any disagreement indicating an error.
3bi)Ommision of Errors :A mistake that consists of not doing something you should have done, or not including something such as an amount or fact that should be included: Errors of omission are likely to be more common than errors of commission.
3bii)Principle of Error: An accounting mistake in which an entry is recorded in the incorrect account, violating the fundamental principles of accounting. An error of principle is a procedural error , meaning that the value recorded was the correct value but placed incorrectly.
3biii)Error of Commission: This occurs where proper double entry is observed except an entry is made to the wrong personal account.
3biv) Original entry of errors: An error of original entry occurs when an incorrect amount is posted to the correct accounts. A particular example of an error of original entry is a transposition error where the numbers are not entered in the correct order.

ochebaba enterprises
trading profit and loss account for the year
3rd march 2015
opening stock 34800
add purchases 160500
add carriage involvs 2600/163100/4400
less returns 158700
C.O.G.A.F.S 193500
Less closing stock 29600
C.O.G.S 163900
cross profit 81000/244900
carriage outwards 9300
bad debts 1600
salaries&wages (29800-5800) 24000
electricity (8700+4000) 12700
gen. Office expenses 5900
discount allowed 3600
dep land&building 12500
dep equipment 10000
net profit 9900/89500
Sales 250400
less return 5500
net sales 244900/244900
gross profit b/d 81000
decrease indeabfut/debt 1300
discount received 7200
balance sheet as at 31st march 2015
capital 350000
add profit 9900/359900
less drawings 7200/352700
current liablility
creditor 27000
electricity owning 4000
total 383700
Fixed assetss
land/building 350000, 37500, 212500
equipment 100,000, 29000, 71000
current assets
debtors 52000
less pro 1500, 50500
cash & bank 14300
salaries propaid 5800
stock 29600/383700

Total debtors’ control account.
Under Debit side ie Left handside:
Debit bal N43,900
Sales day book N349,500
Cash paid to customers N600
Interest to customers N500
Customers credit bal N120
Bal b/d N66,900
UNDER CREDIT SIDE ie right handside.
Credit bal N100
Sales return N3,580
Contra entries N800
Cash frm customers N320,760
Bad debts N1,230
Discount allowed N1,250
Bal c/d N66,900
Total creditors control account
UNDER DEBIT SIDE ie left handside:
Debit bal N23,140
Purchase return N3,200
Contra entry N800
Cash refund to suppliers N126,500
Discount received N260 N153,900
Bal c/d N3,020
UNDER CREDIT SIDE ie right handside:
Credit bal N200
Purchase day book N148,680
Cash refund frm suppliers N1,500
Interest by suppliers N200
Suppliers debit bal N300 Bal b/d N3,020

==========KEEP REFRESHING=========

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