by Sunday | Aug 19 | Accounting WAEC
A. fixed assets B. current assets C. fictitious assets D. fictitious liability E. current liability Correct Answer: Option C – fictitious assets
by Sunday | Aug 19 | Accounting WAEC
A. forfeited B. issued at a discount C. issued on prorata D. issued at par E. issued at a premium Correct Answer: Option C – issued at par
by Sunday | Aug 19 | Accounting WAEC
Use the following information to answer the given question Rufai, a vulcanize bought 4 machines for N20,200 and incurred the following expenses for the year ended 31st December, 1990. Glue N2,100 Thread N600 Kerosene N900 Rubber N558 Matched N110 He received...
by Sunday | Aug 19 | Accounting WAEC
Use the following information to answer the given question Rufai, a vulcanize bought 4 machines for N20,200 and incurred the following expenses for the year ended 31st December, 1990. Glue N2,100 Thread N600 Kerosene N900 Rubber N558 Matched N110 He received...
by Sunday | Aug 19 | Accounting WAEC
Use the following information to answer the given question Rufai, a vulcanize bought 4 machines for N20,200 and incurred the following expenses for the year ended 31st December, 1990. Glue N2,100 Thread N600 Kerosene N900 Rubber N558 Matched N110 He received N5,772...
by Sunday | Aug 19 | Accounting WAEC
Use the following information to answer the given question Ade N Okon N Fixed Capital 15,000 25,000 Salary per annum 6,000 8,000 Interest on capital per annum 8% 8% Profit or loss sharing ratio 40% 60% net profit for the year ended 31st December 1990 is N28,000...