by Sunday | Aug 19 | Accounting WAEC
i. correction of errors ii. opening and closing the accounting books iii. recording cash purchases A. i B. ii C. iii D. i and ii E. i and iii Correct Answer: Option D – i and ii
by Sunday | Aug 19 | Accounting WAEC
A. commission B. omission C. principle D. original entry E. lone entry Correct Answer: Option E – lone entry
by Sunday | Aug 19 | Accounting WAEC
Abid and Onik were in partnership sharing profit in the ratio 3 : 2. Their respective capitals were N4,000 and N2,000 and their drawings N1,800 and N1,200. Profit during the year was N5,400; before 5% interest on capital. No interest was chargeable on drawings. What...
by Sunday | Aug 19 | Accounting WAEC
A. factory cost and cost of material B. overhead cost and direct cost C. direct expenses, direct labour, and direct material D. direct expenses and direct labour E. cost of sale factory cost and cost of materials Correct Answer: Option C – direct expenses,...
by Sunday | Aug 19 | Accounting WAEC
A. straight line B. insurance policy C. diminishing balance D. reducing balance E. accumulated depreciation Correct Answer: Option B – insurance policy
by Sunday | Aug 19 | Accounting WAEC
i. It is incurred in one period of account. ii. its full benefits are consumed in the period incurred. iii. it includes items for replacement and repairs iv. it does not include depreciation A. i B. i and ii C. ii D. iii E. iv Correct Answer: Option E –...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.