by Sunday | Apr 7 | Accounting WAEC
A. profitability of a firm B. capital adequacy of a firm C. liquidity of a firm D. quality of debtors of a firm Correct Answer: Option C = liquidity of a firm
by Sunday | Apr 7 | Accounting WAEC
A. general partner B. sleeping partner C. quasi partner D. limited partner Correct Answer: Option A = general partner
by Sunday | Apr 7 | Accounting WAEC
A. sales of each department B. total cost attributable to each department C. capital employed by each department D. profitability of each department Correct Answer: Option C = capital employed by each department
by Sunday | Apr 7 | Accounting WAEC
Use the following information to answer this question ₦ Creditors (01/01/19) 223,000 Creditors (31/12/19) 316,000 Credit purchases 1,426,000 Discount received 64,000 Company’s cheque dishonoured 90,000 A. ₦ 406,000 B. ₦ 342,000 C. ₦ 316,000 D. ₦ 226,000...
by Sunday | Apr 7 | Accounting WAEC
Use the following information to answer this question ₦ Creditors (01/01/19) 223,000 Creditors (31/12/19) 316,000 Credit purchases 1,426,000 Discount received 64,000 Company’s cheque dishonoured 90,000 A. ₦ 1,423,000 B. ₦ 1,359,000 C. ₦ 1,333,000 D. ₦...
by Sunday | Apr 7 | Accounting WAEC
A. accrual concept B. business entity concept C. consistency concept D. going concern concept Correct Answer: Option A – accrual concept
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