by Sunday | Aug 18 | Accounting WAEC
A machine bought for N7,000 was estimated to have a useful life of 4 years and a scrap value of N500. What is the Net book value of the machine at the end of the second year using the straight line method A. N3,250 B. N3,562 C. N3,656 D. N3,750 E. N4,062 Correct...
by Sunday | Aug 18 | Accounting WAEC
A machine bought for N7,000 was estimated to have a useful life of 4 years and a scrap value of N500. What is the amount of depreciation for the second year using the reducing balance method? A. N1,313 B. N1,4066 C. N1,625 D. N1,750 E. N1,875 Correct Answer: Option A...
by Sunday | Aug 18 | Accounting WAEC
A machine bought for N7,000 was estimated to have a useful life of 4 years and a scrap value of N500. What was the amount of depreciation charged per annum using straight line method? A. N1,313 B. N1,406 C. N1,625 D. N1,750 E. N1,875 Correct Answer: Option C –...
by Sunday | Aug 18 | Accounting WAEC
A. fixed assets B. current assets C. intangible assets D. wasting assets E. investments Correct Answer: Option C – intangible assets
by Sunday | Aug 18 | Accounting WAEC
A. debit plant account, credit current account B. debit current account, credit plant account C. credit plant account, credit profit and loss account D. debit profit and loss account, credit plant account E. debit plant account, credit capital account Correct Answer:...
by Sunday | Aug 18 | Accounting WAEC
A. compensation B. omission C. commission D. principle E. original entry Correct Answer: Option E – original entry
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.