by Sunday | Aug 20 | Accounting WAEC
A machine cost N12,000 and has a useful life of 4 years and an expected disposal value of N400. Using the reducing balance method what will be the depreciation charge for year 2 at 20%? (ignoring residual value) A. N3,000 B. N2,900 C. N2,400 D. N1,920 E. N1,536...
by Sunday | Aug 20 | Accounting WAEC
A. N3,100 B. N3,000 C. N2,900 D. N2,300 E. N2,000 Correct Answer: Option C – N2,900
by Sunday | Aug 20 | Accounting WAEC
i. wear and tear ii. obsolescence and passage of time iii. fluctuation A. i, ii and iii B. i and ii C. i and iii D. ii and iii E. iii Correct Answer: Option B – i and ii
by Sunday | Aug 20 | Accounting WAEC
i. assets acquired for the purpose of earning income ii. extension of office building iii. it is incurred and its full benefits consumed in one period of account A. i B. ii C. i and ii D. ii and iii E. iii Correct Answer: Option E –...
by Sunday | Aug 20 | Accounting WAEC
A. an adjustment account B. a control account C. a suspense account D. a profit and loss account E. a trading account Correct Answer: Option C – a control account
by Sunday | Aug 20 | Accounting WAEC
A. allowance for prompt payment B. allowance for damaged goods C. allowance off the price list D. discount on creditors E. discount on debitors Correct Answer: Option C – allowance for damaged goods
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.