by Sunday | Apr 23 | Accounting WAEC
A. cost concept B. realization concept C. accrual concept D. duality concept Correct Answer: Option B – realization concept
by Sunday | Apr 23 | Accounting WAEC
A. Kofi and Ali Account B. Plant and Machinery Account C. Profit and loss account D. cash and bank account Correct Answer: Option C – Profit and loss account
by Sunday | Apr 23 | Accounting WAEC
A. a business organization is both a customer and a supplier B. customers refuse to pay their debts C. the debtors settle their accounts D. customers cheques are dishonoured Correct Answer: Option B – customers refuse to pay their...
by Sunday | Apr 23 | Accounting WAEC
A. general ledger B. purchases ledger C. sales ledger D. private ledger Correct Answer: Option D – private ledger
by Sunday | Apr 23 | Accounting WAEC
Use the following information to answer the question below Cost of raw materials available—— 32,000 Manufacturing wages —–10,000 Factory expenses—–5,000 Royalty——-3,000 Factory rent ——2,000 Depreciation of...
by Sunday | Apr 23 | Accounting WAEC
Use the following information to answer the question below Cost of raw materials available—— 32,000 Manufacturing wages —–10,000 Factory expenses—–5,000 Royalty——-3,000 Factory rent ——2,000 Depreciation of...