by Sunday | Apr 6 | Accounting WAEC
A. closing capital drawings opening capital B. closing capital- drawings-opening capital C. closing capital drawings – opening capital D. closing capital drawings + opening capital Correct Answer: Option C = closing capital drawings – opening...
by Sunday | Apr 6 | Accounting WAEC
A. returns outwards journal B. returns inwards Journal C. purchase journal D. general journal Correct Answer: Option A – returns outwards journal
by Sunday | Apr 6 | Accounting WAEC
Use the following information to answer the question below Provision for doubtful debts ————————1,000Cr Bad debts ———————————————-...
by Sunday | Apr 6 | Accounting WAEC
Use the following information to answer the question below Provision for doubtful debts ————————1,000Cr Bad debts ———————————————-...
by Sunday | Apr 6 | Accounting WAEC
A. principle. B. commission C. omission D. original entry Correct Answer: Option B – commission
by Sunday | Apr 6 | Accounting WAEC
A. Partner’s Current Account; credit Appropriation Account B. Profit and Loss Account: credit Interest Account C. Appropriation Account credit Partner’s Current Account D. Interest Account: credit Profit and Loss Account Correct Answer: Option A –...