by Sunday | Apr 23 | Accounting WAEC
A. debit side of the capital account B. credit side of the capital account C. credit side of partner’s current account C. debit side of partners current account Correct Answer: Option C – credit side of partner’s current...
by Sunday | Apr 23 | Accounting WAEC
A. more than the cash book balance B. less than the cash book balance C. equal to the cash book balance D. added to the cash book balance Correct Answer: Option B – less than the cash book balance
by Sunday | Apr 23 | Accounting WAEC
A. loan B. stock C. drawings D. sales Correct Answer: Option C – drawings
by Sunday | Apr 23 | Accounting WAEC
A. reduce the number of directors B. reduce the number of shareholders C. raise capital D. generate profit Correct Answer: Option C – raise capital
by Sunday | Apr 23 | Accounting WAEC
Use the following information to answer the question below Opening capital —10,800 Drawings———– 2,500 Trade creditors —-2,560 Trade debtors ——2,880 Cash in hand ——-1,000 Net...
by Sunday | Apr 23 | Accounting WAEC
Use the following information to answer the question below Opening capital —10,800 Drawings———– 2,500 Trade creditors —-2,560 Trade debtors ——2,880 Cash in hand ——-1,000 Net...
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