by Sunday | Aug 19 | Accounting WAEC
Chukwu’s Capital at 1/1/89 and 31/12/89 were N30,000 and N50,000 respectively. During the year he introduced additional capital of N10,500 and withdrew N5,300 for private use. What is his profit for 1989? A. N30,500 B. N25,300 C. N20,000 D. N15,800 E. 14,800...
by Sunday | Aug 19 | Accounting WAEC
A. profit and loss account, credit debtors account B. debtors account, credit trading account C. profit and loss account, credit sales account D. trading account, credit debtors account E. profit and loss account, credit provision for doubtful debt account Correct...
by Sunday | Aug 19 | Accounting WAEC
A. ordinary fund B. accumulated fund C. float D. imprest receipt E. imprest fund Correct Answer: Option C – float
by Sunday | Aug 19 | Accounting WAEC
A. treasury card B. receipt voucher card C. treasury receipt D. payment voucher E. store receipt voucher Correct Answer: Option C – treasury receipt
by Sunday | Aug 19 | Accounting WAEC
A. verbal instruction by the Governor B. stores issue voucher C. stores credit voucher D. store ledger card E. departmental authorization order Correct Answer: Option D – store ledger card
by Sunday | Aug 19 | Accounting WAEC
A. chief accountant B. minister of finance C. minister of economic planning D. accountant general of the federation E. auditor general of the federation Correct Answer: Option D – accountant general of the federation
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
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