by Sunday | Dec 25 | Commerce WAEC
# Sales 50,000.00 Debtors 10,000.00 Cash-in-hand 5,000.00 Opening stock 30,000.00 Creditors 8,000.00 Purchases 16,000.00 Overdraft 12,000.00 Closing stock 10,000.00 A. #35,000.00 B. #20,000.00 C. #15,000.00 D. #14,000.00 Correct Answer: Option D –...
by Sunday | Dec 25 | Commerce WAEC
# Sales 50,000.00 Debtors 10,000.00 Cash-in-hand 5,000.00 Opening stock 30,000.00 Creditors 8,000.00 Purchases 16,000.00 Overdraft 12,000.00 Closing stock 10,000.00 A. #35,000.00 B. #20,000.00 C. #15,000.00 D. #14,000.00 Correct Answer: Option D –...
by Sunday | Dec 25 | Commerce WAEC
A. trade credit B. retained earning C. overdraft D. debenture Correct Answer: Option B – retained earning
by Sunday | Dec 25 | Commerce WAEC
A. Articles of Association B. Certificate of Incorporation C. Certificate of Trading D. Memorandum of Association Correct Answer: Option A – Articles of Association
by Sunday | Dec 25 | Commerce WAEC
A. chain store B. department store C. mail order firm D. shopping mall Correct Answer: Option C – mail order firm
by Sunday | Dec 25 | Commerce WAEC
A. wholesale cooperative society B. thrift and credit society C. consumer cooperative society D. chamber of commerce Correct Answer: Option A – wholesale cooperative society