by Sunday | Apr 23 | Accounting WAEC
Use the following information to answer the question below Ajem and Ogah were in partnership sharing profits and losses in the ratio 2:3. Interest on capital and drawings were 5% and 3% respectively. The following details relate to the partnership for the year 2017....
by Sunday | Apr 23 | Accounting WAEC
A. sales ledger B. nominal ledger C. personal ledger D. general ledger Correct Answer: Option A – sales ledger
by Sunday | Apr 23 | Accounting WAEC
Use the following information to answer the question below Ajem and Ogah were in partnership sharing profits and losses in the ratio 2:3. Interest on capital and drawings were 5% and 3% respectively. The following details relate to the partnership for the year 2017....
by Sunday | Apr 23 | Accounting WAEC
Use the following information to answer the question below Ajem and Ogah were in partnership sharing profits and losses in the ratio 2:3. Interest on capital and drawings were 5% and 3% respectively. The following details relate to the partnership for the year 2017....
by Sunday | Apr 23 | Accounting WAEC
A. overstated and the gross profit understated B. understated and the gross profit overstated C. understated and the gross profit overstated D. understated and the gross profit understated Correct Answer: Option A – overstated and the gross profit...
by Sunday | Apr 23 | Accounting WAEC
A. compensation B. commission C. original entry D. principle Correct Answer: Option B – commission