by Sunday | Apr 6 | Accounting WAEC
Use the following information to answer the question below Ata. Bubu and Chikum were in partnership sharing profits and losses in proportion to their capital contributions: Capital Drawings Ata 40,000 8,000 Bubu 30,000 5000 Chikum 20,000 – Net profit for...
by Sunday | Apr 6 | Accounting WAEC
Use the following information to answer the question below Ata. Bubu and Chikum were in partnership sharing profits and losses in proportion to their capital contributions: Capital Drawings Ata 40,000 8,000 Bubu 30,000 5000 Chikum 20,000 – Net profit for...
by Sunday | Apr 6 | Accounting WAEC
Use the following information to answer the question below Ata. Bubu and Chikum were in partnership sharing profits and losses in proportion to their capital contributions: Capital Drawings Ata 40,000 8,000 Bubu 30,000 5000 Chikum 20,000 – Net profit for...
by Sunday | Apr 6 | Accounting WAEC
A. A. Sales Account D450: credit Sales Day Book D450 B. Sales Day Book D 450: credit Sales Account D 450 C. Sales Account D450; credit Suspense Account D 450 D. Suspense Account D 450; credit Sales Account D450 Correct Answer: Option C = Sales Account D450; credit...
by Sunday | Apr 6 | Accounting WAEC
A. trade creditors were overpaid by N420 B. trade creditors are owed N420 C. goods returned to trade creditors amounted to N420 D. total supplies from trade creditors amounted to N420 Correct Answer: Option A – trade creditors were overpaid by...
by Sunday | Apr 6 | Accounting WAEC
A. warrant B. vote C. budget D. voucher Correct Answer: Option A – warrant