by Sunday | Jan 6 | Accounting WAEC
Teteh and Kukuma are in partnership with capital balances of #300,000 and #200,000 respectively. They agreed to share profit on the basis of their capital. The profit for the year is #150,000 and the interest on capital is 5%. A. #50,000 B. #70,000 C. #90,000 D....
by Sunday | Jan 6 | Accounting WAEC
Teteh and Kukuma are in partnership with capital balances of #300,000 and #200,000 respectively. They agreed to share profit on the basis of their capital. The profit for the year is #150,000 and the interest on capital is 5%. A. #60,000 B. #90,000 C. #75,000 D....
by Sunday | Jan 6 | Accounting WAEC
A. purchase order B. credit note C. proforma invoice D. sales order Correct Answer: Option A = purchase order Explanation The purchase order is a document generated by the buyer and serves the purpose of ordering goods from the supplier. The document indicates the...
by Sunday | Jan 6 | Accounting WAEC
A. credited to current account B. credited to appropriation account C. debited to appropriation account D. debited to current account Correct Answer: Option D – debited to current account Explanation Drawing is the amount withdrawn or taken out of the business...
by Sunday | Jan 6 | Accounting WAEC
Adiza gave an instruction to her banker to pay a premium of Le 30,000 from her account to Union Rock Insurance on a quarterly basis for a policy. This instruction is an example of A. bank charges B. direct debit C. standing order D. credit transfer Correct Answer:...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.