by Sunday | Aug 18 | Accounting WAEC
A. stock adjustment account debiting branch stock account B. goods sent to branch account and debiting branch stock account C. branch stock account and debiting stock adjustment account D. cash account and crediting branch stock account E. branch stock account and...
by Sunday | Aug 18 | Accounting WAEC
A. it is offered for sale at less than the nominal value B. it is offered for sale at nominal value C. the number of shares applied for is less than the offer D. it is offered for sale at more than nominal value E. the number of shares applied for is more than the...
by Sunday | Aug 18 | Accounting WAEC
A. profit B. loss C. discount D. premium E. par Correct Answer: Option C – discount
by Sunday | Aug 18 | Accounting WAEC
A. general reserve B. capital reserve C. goodwill D. current asset E. share capital Correct Answer: Option B – capital reserve
by Sunday | Aug 18 | Accounting WAEC
A. prepayment B. deposit C. accruals D. investment E. advances Correct Answer: Option E – advances
by Sunday | Aug 18 | Accounting WAEC
A. bar expenses B. electricity C. salaries D. subscription E. rates Correct Answer: Option D – subscription