by Sunday | Aug 18 | Accounting WAEC
A. repairs B. owner’s use C. resale D. decorating offices E. permanent use Correct Answer: Option C – resale
by Sunday | Aug 18 | Accounting WAEC
A. a current asset B. a current liability C. a long term liability D. a fictitious asset E. an intangible asset Correct Answer: Option E – an intangible asset
by Sunday | Aug 18 | Accounting WAEC
A. cash account B. revenue account C. trading account D. suspense account E. profit and loss account Correct Answer: Option A – cash account
by Sunday | Aug 18 | Accounting WAEC
A. recorded in wrong account B. owed by an employee C. paid with fake currency D. that cannot be collected E. owed by a supplier Correct Answer: Option D – that cannot be collected
by Sunday | Aug 18 | Accounting WAEC
A. transactions B. final accounts C. double entry in the ledger D. trading account E. balance sheet Correct Answer: Option C – double entry in the ledger
by Sunday | Aug 18 | Accounting WAEC
A. defalcations account and crediting branch stock account B. mark-up account and crediting branch stock account C. defalcations account and crediting profit and loss account D. cash account and crediting branch stock account E. branch stock account and crediting...